No, you are still incorrect. Don't try hide, with a sly change of words.
You said. I quote,
"They still have to lodge the appropriate ASIC form with ASX notifying they intend to start the buy-back and have to give a notice period of 14 days before commencing."
This is incorrect as you are implying that they can not buy back until this paperwork is completed. That is incorrect. They can buy back up to 25.7m shares before they lodge that paperwork for the 50% buy back. The paperwork for the 10% buy back is complete.
So don't you worry about the 50% buy back till we have bought over 20m shares...
They can buy back on Monday if they wish.
Just relax and have a slice of the humble pie
General discussion, page-3299
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Last
$1.80 |
Change
0.010(0.56%) |
Mkt cap ! $463.9M | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.81 | $1.74 | $1.071M | 605.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6584 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 2858 | 1 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$1.80 |
Change
0.010 ( 0.12 %) |
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| Open | High | Low | Volume | ||
| $1.77 | $1.81 | $1.74 | 16123 | ||
| Last updated 15.58pm 14/05/2024 ? | |||||
| KCN (ASX) Chart |