Currently, with a limited cash reserve, it seems unlikely that there will be any significant activity in the near future, including stock buybacks. It's unrealistic to expect that millions would be spent on repurchasing shares with borrowed funds. If there are any buybacks, they would probably not occur until late 2025 or 2026. How do I know this? Because that is what I would do. Consolidation of debt should be paramount for the next one to two years.
Currently, with a limited cash reserve, it seems unlikely that...
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Last
$1.55 |
Change
0.015(0.98%) |
Mkt cap ! $398.2M | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.58 | $1.51 | $1.011M | 656.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4706 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 24706 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |