KCN 5.36% $1.33 kingsgate consolidated limited.

to others who follow this issue much more than me… Genuine...

  1. 248 Posts.
    lightbulb Created with Sketch. 176
    to others who follow this issue much more than me…

    Genuine question, (probably naïve) ..but why wouldn’t ASIC regulate with ASX that all trades under 0.0000001 of total SOI be hit with a same amount as a transaction fee (regulator makes some money out of it along the way) ?

    In our case that would be ~$26 min trade

    it would have more implications for the likes of BHP, ( 0.0000001 of SOI would be ~$500) but still proportional


    I’m sure my % is wrong but someone much smarter could come up with a calc that could work ?– just asking about the general principle

 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
(20min delay)
Last
$1.33
Change
-0.075(5.36%)
Mkt cap ! $340.8M
Open High Low Value Volume
$1.37 $1.37 $1.31 $613.1K 459.3K

Buyers (Bids)

No. Vol. Price($)
7 6604 $1.32
 

Sellers (Offers)

Price($) Vol. No.
$1.33 3384 4
View Market Depth
Last trade - 11.29am 11/11/2024 (20 minute delay) ?
KCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.