I believe you are incorrect. Below I, highlight just one option to have buy backs down within a week.
If KCN got a AUD $50m loan from a Thailand banking consortium. We could pay our debt in full. Call it $30m between Nebari and the Pref shareholder and do a buy back the very next day
The problem unfortunately, it that this loan never comes. We have been waiting for years and the last issue was the election?! Need I remind you and everyone else that this was part of the negotiation as listed my KCN in an ASX release.
No buy back because of no loan.
New Interview with Proactive Investors, page-40
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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 |