The shorts are all but closed out now - 37k at 2nd December. This seems to be an inherited position on that huge after-market trade on 17th June.
You can certainly see they have done well to close out 4M shares over 6 months using BOTS to keep the price artificially down.
Fingers crossed they are happy to watch their long position rise nicely. Timed to perfection if you look at the expected news flow to come.
How bad would a short postion at production be, in a thinly traded stock with 4M shares to fill!
General discussion, page-2078
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Last
$1.65 |
Change
0.000(0.00%) |
Mkt cap ! $425.2M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.71 | $1.64 | $699.1K | 421.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11106 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 1492 | 1 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |