I‘d hate to be a white collar criminal right about now… it can’t get much easier than this to prosecute and throw a director or two in gaol when they put their market manipulation confession in the Form 603.
I’d be worried too if I dropped all those shares between 1:35 and 1:45pm yesterday. Pretty much impossible to argue that you were trying to maximise sale proceeds - which equates to creating an artificial price.
An announcement from the company can’t be too far away confirming ASIC‘s investigation.
I‘d hate to be a white collar criminal right about now… it can’t...
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Last
$1.51 |
Change
0.040(2.72%) |
Mkt cap ! $389.2M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.53 | $1.47 | $1.005M | 671.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2518 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 35186 | 3 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |