I watched the open and it was suppressed. Some buying action early and then proper dump to bring it negative.
Shorts don't go up and no announcements on any big shareholder trimming their stakes. Can only be left to right hand and BOT use to drift it down on low volumes.
Why? The stock is so tightly held, you are not going to buy enough at a lower price to make all this effort worthwhile.
The only reason to work this hard on keeping a lid on price is corporate action. Will we see a lowball offer - has to happen soon!
I think that with the news that we have and the market cap, we should be naturally trading above $3
I watched the open and it was suppressed. Some buying action...
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Last
$1.62 |
Change
0.020(1.25%) |
Mkt cap ! $417.5M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.66 | $1.59 | $939.6K | 581.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7553 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 5378 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |