Buying back shares will do nothing for SP.
In fact buying back shares can have a negative impact.
It is only an issue if you have like 3 or 4 billion shares because then the SP will not rise, or takes a lot of work.
ICI doesn't have that problem it rises and falls fast.
Last I checked ICI isn't that bad.
The only problem at the moment is lack of news not too many shares.
Once news flows we are fine.
Petition to get Kin to buy-back shares on market, page-2
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $26.89M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $18.59K | 929.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 355690 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 507614 | 5 |
View Market Depth
| Last trade - 15.07pm 21/05/2024 (20 minute delay) ? |
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Last
2.0¢ |
Change
-0.001 ( 4.76 %) |
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| Open | High | Low | Volume | ||
| 2.0¢ | 2.0¢ | 2.0¢ | 63800 | ||
| Last updated 12.55pm 21/05/2024 ? | |||||
| ICI (ASX) Chart |