KCN appears to be cleaning out the head office, with staff beyond the executives also going.
This usually only happens when a company is experiencing cash flow issues.
The non-core assets must be bleeding too much cash.
Chatree is a great asset, but taking money off the table on KCN. I expect it to continue to be sold off as word gets around.
Is the market fully informed????
KCN appears to be cleaning out the head office, with staff...
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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 |