Every time they sell, the price gets better. History would suggest that them selling is a good sign.
But if you think about it, if an insto buys a significant chunk at say $9.50 tell me what does it say about the insto’s confidence in the company?
For all we know these instos have been bugging RK and DS to sell for months even years but they have said no, no, no. Not at $2, not at $5, not at $7, ok maybe you can now have some of mine at $9.50 but only a little bit mind you. You want more? Ask me the next time the SP is at $13 maybe I’ll oblige.
Every time they sell, the price gets better. History would...
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Last
$4.42 |
Change
-0.120(2.64%) |
Mkt cap ! $444.7M | |||
| Open | High | Low | Value | Volume |
| $4.48 | $4.48 | $4.38 | $2.300M | 521.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2990 | $4.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.42 | 10941 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| KGN (ASX) Chart |