Hahahaha ... I needed a laugh and your post just provided it
So you think the continued share price slide of KCN shares in the last 2-3 days (going down from 75-72c approx) has been because of CFD stop losses... No chance !!
With such low volumes and piddly trade, all we are seeing is investors having enough and moving on.
We are witnessing the slooooow death of KCN as I have mentioned for months now and with the the company seemingly not Buying Back shares onmarket anymore to keep propping up the share price artificially, alarm bells should be ringing.
CFD Leveraged buyers get stopped out causing these drifts lower, page-2
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Last
$1.58 |
Change
0.060(3.96%) |
Mkt cap ! $400.8M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.58 | $1.52 | $314.3K | 203.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4151 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 683 | 2 |
View Market Depth
| Last trade - 15.03pm 31/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |