KCN is the second most shorted stock with 14.79% of issued capital shorted. www.thebull.com.au/premium/a/26582-top-10-shorted-stocks.html
To me it looks like the covering has begun with more buyers than sellers for the first time in a long while.
I brought in today at 96 cents for a trade, i believe KCN's fair value is about $1.80.
DYOR the next quarterly will be a good info update due by months end
short covering
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 (20min delay)
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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 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |