My theory is the buyback was in response in ensuring karoon stayed in the ASX200 to avoid fund managers rebalancing their holdings causing further share price drop. Since karoon has now dropped out of the asx200 I dont expect their to be any buyback. However transparency is not karoons strong point and god only knows what management are thinking so will probably be proven wrong.
My theory is the buyback was in response in ensuring karoon...
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Last
$1.68 |
Change
0.005(0.30%) |
Mkt cap ! $1.342B | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.71 | $1.67 | $8.559M | 5.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 93351 | $1.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 29087 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.68 |
Change
0.005 ( 0.22 %) |
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| Open | High | Low | Volume | ||
| $1.69 | $1.71 | $1.67 | 1206383 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| KAR (ASX) Chart |