I don't think it is a secret if you look closely at the trades over recent months that there has been at least one major holder who has been selling.
Big volumes usually accompany a major low - KCN looks like it has had that low today on what was for it a big volume day.
opening lower, page-6
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Last
$1.47 |
Change
-0.040(2.65%) |
Mkt cap ! $389.2M | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.54 | $1.47 | $760.9K | 506.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5032 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 4570 | 5 |
View Market Depth
| Last trade - 12.01pm 01/08/2024 (20 minute delay) ? |
| KCN (ASX) Chart |