Fitzroy is correct. However, two problems exist.
1) You need to apply to ASIC to get their approval for this 10% buyback and I believe Management is waiting on this. Did they action it too late, most certainly, yes.
2) Where is the F$^&ing Thai Bank Loan?
If they can't get a Thai Bank Loan, where is a bank loan from an Australian institution, and why was this redundancy not put in place a long, long time ago?
It is quite disappointing, we are profitable right now. Have a good idea of our expenses and revenue. We can certainly afford 50,000 to 100,000 shares a day. I might do a spreadsheet to show everyone.
in 2024 we have AUD $ 120,000,000 in Profit. It needs to be returned to us Shareholders and that must be via a buyback
Fitzroy is correct. However, two problems exist.1) You need to...
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Last
$1.67 |
Change
0.005(0.30%) |
Mkt cap ! $430.4M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.64 | $2.471M | 1.483M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3285 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 53099 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |