A good move - they should have had $28mil in the bank at 30Apr and it's likely to be $44mil at 31May(they would already know the Apr production number) so I think that's a safe bank to commence a buy-back - I think it'll be modest and don't expect them to spend more than A$2.5mil/month.
I note it starts on 12May.
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Last
$2.41 |
Change
0.000(0.00%) |
Mkt cap ! $621.1M | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.42 | $2.33 | $872.3K | 365.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 12102 | $2.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.41 | 15117 | 12 |
View Market Depth
| Last trade - 12.58pm 29/07/2025 (20 minute delay) ? |
| KCN (ASX) Chart |