Personally I enjoy reading the updates from @puppyeh and I especially like reading the posts that go to a bit of an effort to articulate why they may be selling a stock I am still holding. After all, I think I have already heard virtually every bull case and points I can imagine on the KCN threads.
I am encouraged by the good volume occurring to meet buying the shares puppyeh was selling, and possibly if Westoz were selling as I think someone mentioned on the other thread. After all it was noted this was hardly a bearish selling decision by either puppyeh. Or if Westoz, another small fund manager, or retail holders are selling into the volume it is probably just risk management purposes. The mandate requiring it, or the compliance officer (wife) tapping them on the shoulder to lighten.
Hopefully the buying today is newcomers "in the know" getting set for the first time, seems that they want to pay up all of a sudden and get in fast.
I sold my 550k position - here's why, page-21
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Last
$1.33 |
Change
0.020(1.53%) |
Mkt cap ! $342.8M | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.36 | $1.31 | $256.1K | 192.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8840 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 2089 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| KCN (ASX) Chart |