Were this to be an ordinary public company it would have ceased to exist years ago. Have a closer look at what they actually do. The Akara facebook page is a good start. You place far to much trust in the manipulated share price. They do need a "funding solution" and they have found it in opening 2 plants. You need patience. Dalts has a good option in taking out a loan and having a buyback now. This may be easier said than done because the company is still litigating. That said, you should draw comfort from the expanding workforce, machinery acquisitions and the opening of the second plant. The loans are small compared with the income. We are lucky to have miningnuts analysis, which I consider to be conservative. They are saving money now to pay of the loans as soon as they can. This is their managerial decision and they are best placed to make it. That's what you pay them for.
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Last
$1.43 |
Change
-0.025(1.72%) |
Mkt cap ! $367.2M |
Open | High | Low | Value | Volume |
$1.42 | $1.43 | $1.37 | $1.527M | 1.095M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6235 | $1.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.43 | 21521 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10400 | 1.400 |
3 | 16600 | 1.390 |
2 | 45000 | 1.385 |
1 | 4687 | 1.380 |
2 | 29000 | 1.370 |
Price($) | Vol. | No. |
---|---|---|
1.425 | 21521 | 1 |
1.450 | 16956 | 2 |
1.460 | 11973 | 1 |
1.470 | 20000 | 1 |
1.510 | 4642 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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KCN (ASX) Chart |