The only way this company is going to see value is by buying back their shares, and by that I mean serious money. 170m to 190m should see us round the 3.00 to 3.50.
However when that happens we will have to pay more as the shares value starts to rise. Then the institutions will reverse trend and buy it up knowing its on a rising cycle. Face it just let this one go.
Just a question. If and when we sell NE do we want to pay down the total debt or buyback shares, what's everyones take on this?
The only way this company is going to see value is by buying...
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Last
$1.78 |
Change
0.030(1.72%) |
Mkt cap ! $457.5M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.73 | $892.8K | 508.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 42866 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 9999 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$1.78 |
Change
0.030 ( 2.27 %) |
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| Open | High | Low | Volume | ||
| $1.76 | $1.78 | $1.73 | 24888 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| KCN (ASX) Chart |