I think you are completely wrong in saying that the company is trying to jack up the price due to the conversion of options. You could get yourself into trouble for making unsubstantiated statements.
If you noticed from Thu-Fri the shares pushed down so hard from 11 cents, for the big hedge fund guys to buy in. There was an instant reversal.
I, for one, wanted to get in when it got to the early 8’s on Fri, but the share price did not reverse again. I will be buying in again on Monday as I sold my holdings at 11 cents on Thursday.
I know some people in hedge funds who short shares, where the company is a valuable asset. GXY, PLS are some on their hit list as well.
Watch on Monday, KRC will rebound so quickly, with the ASX futures also being up by 13 points.
This company has a great future.
KRC chart, page-1537
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.53M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $20.09K | 2.225M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1344482 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 3849639 | 8 |
View Market Depth
| Last trade - 14.09pm 03/05/2024 (20 minute delay) ? |
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Last
0.9¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.9¢ | 0.9¢ | 0.9¢ | 1163613 | ||
| Last updated 10.31am 03/05/2024 ? | |||||
| KRR (ASX) Chart |