I agree it's waning sentiment that's most likely due to the delays in settlement/ruling and concerns about the TDG sale falling through. The later has the potential to knock the share price down significantly in my view. Such an outcome will be seen poorly and raise additional concerns about cashburn again. I will be extremely disappointed if the deal falls through because I believe it's a good price for KCN shareholders and we need cash to regain leverage in negotiations.
I agree it's waning sentiment that's most likely due to the...
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Last
$1.56 |
Change
0.040(2.64%) |
Mkt cap ! $400.8M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.56 | $1.52 | $174.6K | 114.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 5389 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 32838 | 8 |
View Market Depth
| Last trade - 13.33pm 31/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |