If the shares are really cheap, with an extremely low P/E, then it is a good investment to invest in your own company, especially if the price is artificially low as it is now. I am told this is a tax efficient way of returning value to shareholders. I like LG's suggestion of some buyback ,but more dividends, as people have been waiting a very long time with no return.
General discussion, page-4262
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Last
$1.76 |
Change
0.010(0.57%) |
Mkt cap ! $454.9M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.73 | $386.9K | 220.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 216 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 42704 | 4 |
View Market Depth
| Last trade - 11.27am 04/06/2024 (20 minute delay) ? |
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Last
$1.76 |
Change
0.010 ( 1.12 %) |
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| Open | High | Low | Volume | ||
| $1.76 | $1.77 | $1.73 | 9907 | ||
| Last updated 11.44am 04/06/2024 ? | |||||
| KCN (ASX) Chart |