I get what you saying... but only works if you are able to CR without a discount.
But investors like Buy backs as it instills confidence.. if the sp is below $1.50 next 6 months and KCN able to generate positive cashflows..I can see KCN doing a buy back to give the sp a positive nudge.... I think buyback allowance has already been approved by shareholders.. so they can do it anytime.
I get what you saying... but only works if you are able to CR...
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Last
$1.58 |
Change
-0.005(0.32%) |
Mkt cap ! $405.9M | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.63 | $1.57 | $460.2K | 289.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3911 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 19978 | 1 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |