A large percentage of the supposed growth in US Blue chips during 2013 has been accomplished by share buy backs using borrowed money courtesy of extremely low interest rates from the FED. This loads the balance sheet up with debt but does push the share price higher making the company look like it is growing.
A large percentage of the supposed growth in US Blue chips...
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Last
$1.67 |
Change
0.005(0.30%) |
Mkt cap ! $430.4M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.64 | $2.471M | 1.483M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3285 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 53099 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |