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
$1.38 |
Change
0.035(2.61%) |
Mkt cap ! $358.2M | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.40 | $1.35 | $388.8K | 281.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 8132 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 190 | 1 |
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| Last trade - 14.29pm 15/08/2024 (20 minute delay) ? |
| KCN (ASX) Chart |