A broken clock is correct twice a day mate. KNL has a shade under $2m cash left, as per the last quarterly report, which was down $946,000 from the previous quarter. The company has stated several times that on current projections they have enough to last until EOFY. Whilst I am not saying a cap raising isn't imminent or due sometime soon, as an injection will probably be necessitated, I am not certain that this latest little spurt is the result of insidious motives. That been said I am extremely concerned that Pattersons has joined the top 20 sharesholders list - recently acquiring 3.5m shares under one of their holding accounts. These guys are the kind of dogs who manipulate and push prices pre-cap raise frequently. Regardless the last time the share price was hovering around 16c and KNL conducted a cap raise at 12.5c the share price shot to 25.5c the next day. Fingers crossed we can get some buying volume tomorrow. GLTAH.
Cheers, R
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Last
9.7¢ |
Change
0.002(2.11%) |
Mkt cap ! $44.04M |
Open | High | Low | Value | Volume |
9.8¢ | 9.8¢ | 9.7¢ | $2.152K | 22.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 45000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.096 |
2 | 90709 | 0.095 |
1 | 10000 | 0.094 |
1 | 8000 | 0.093 |
1 | 19691 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 45000 | 2 |
0.099 | 3703 | 1 |
0.100 | 7000 | 1 |
0.105 | 8000 | 1 |
0.110 | 8000 | 1 |
Last trade - 15.42pm 06/09/2024 (20 minute delay) ? |
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