I don't think you understand the announcement, or this company.
A broker was given the role to support and increase SP and prevent manipulation because the company believes it is severely undervalued. Kin bought on market in the 9.5cents-ish and in the AGM told us shareholders that he bought because he believed it was very very undervalued. Now if that's the case, the SP should not be below 10cents, especially with the SBB in motion. Therefore, I believe the broker who was given this job isn't doing a good job at all. He should support the SP at 10cents+ (if Kin believed it was very very undervalued at that price, and the SBB was to support and increase SP as it is very very undervalued). He has 35million shares to buy, start buying them.
- Forums
- ASX - By Stock
- Ann: Update - Notification of buy-back - ICI
I don't think you understand the announcement, or this company.A...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ICI (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.86M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $5.571K | 345.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 125437 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 655942 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 125437 | 0.016 |
13 | 1422512 | 0.015 |
2 | 213437 | 0.014 |
4 | 457000 | 0.013 |
2 | 250000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 655942 | 2 |
0.018 | 129970 | 3 |
0.019 | 156533 | 2 |
0.020 | 1047727 | 8 |
0.021 | 160634 | 3 |
Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
|
|||||
Last
1.6¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
1.6¢ | 1.6¢ | 1.6¢ | 52784 | ||
Last updated 14.59pm 13/06/2024 ? |
Featured News
ICI (ASX) Chart |