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
Don't think so. It was sparked by a bidding up of 1.5 million...
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 (20min delay)
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Last
$1.38 |
Change
-0.080(5.48%) |
Mkt cap ! $355.6M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.46 | $1.38 | $790.9K | 564.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 2446 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |