Don't think so. It was sparked by a bidding up of 1.5 million shares and the the need to cap the price rise. The shorts have increased by 829,424 in the last 4 days purely to cap the price. They hope to buy back cheaply and make a ton of money. I am afraid lies are part of the fraud.
https://stocktrack.com.au/asx/kcn/shorts
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Last
$1.68 |
Change
-0.010(0.59%) |
Mkt cap ! $433.0M |
Open | High | Low | Value | Volume |
$1.70 | $1.72 | $1.66 | $502.4K | 296.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1034 | $1.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.69 | 8361 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 746 | 1.680 |
1 | 2696 | 1.675 |
5 | 23248 | 1.670 |
3 | 32000 | 1.665 |
5 | 5690 | 1.660 |
Price($) | Vol. | No. |
---|---|---|
1.685 | 8778 | 11 |
1.690 | 23510 | 4 |
1.695 | 4047 | 4 |
1.700 | 67121 | 5 |
1.705 | 6110 | 3 |
Last trade - 13.46pm 20/06/2024 (20 minute delay) ? |
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