Well this is working out well....Fundamental's working with technical's - the announcement of a share buy back has shown the future direction of the recent consolidation and that is up......could get a retest but technically the pattern has a 0.40c target so happy days.
https://hotcopper.com.au/threads/legal-costs.4866066/page-12?post_id=39621562#.XUAN-OgzZ3g
KCN at 0.25c had a mkt cap of approx 56.5 million if they buy back 50 million shares that same mkt cap would reflect a share price of 0.32c...and with the excitement building of a potential early settlement this initial target is only the start of the upward trend IMO. GLTAH
Chart
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Last
$1.79 |
Change
0.205(13.0%) |
Mkt cap ! $460.0M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.80 | $1.68 | $3.199M | 1.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2658 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 7226 | 3 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$1.78 |
Change
0.205 ( 13.0 %) |
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| Open | High | Low | Volume | ||
| $1.69 | $1.80 | $1.69 | 93971 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| KCN (ASX) Chart |