Hedging only serves the financial institutions that sell the products for a fee. What a dumbo, he's only thinking of protecting current cashflow... typical survival mode thinking and a sign of a company that's heading down the gutter.
Investor's converted their capital into shares at much higher prices... the last cap raising was at $7 wasn't it? Hedging now, would ensure that capital will never ever be salvaged... no sht shareholder's believe they've got a retard at the helm.
kcn considering hedging..., page-2
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Last
$1.55 |
Change
0.035(2.31%) |
Mkt cap ! $390.4M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.56 | $1.52 | $160.4K | 104.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1365 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 1437 | 2 |
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| Last trade - 12.40pm 31/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |