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.
I believe you are incorrect. Below I, highlight just one option...
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Last
$1.67 |
Change
-0.025(1.48%) |
Mkt cap ! $429.1M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.72 | $1.66 | $916.1K | 543.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7253 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 38183 | 1 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |