It is not management's fault that there are some nervy shareholders who have become impatient and wish to reduce their position and take their money elsewhere. Looking at the chart it looks like possibly in the first couple of days of it being announced that CBA became a substantial shareholder, a handful of traders may have jumped on KNL thinking they could make a quick buck. They were wrong and maybe they're just closing out their trades and there isn't enough buyers to support the SP.
The fundamentals have not changed despite our languishing SP. Don't forget that our board has a lot of skin in the game also.
Let's just be patient and await an update/announcement regarding the RAP. The quarterly should be released any day too.
It is not management's fault that there are some nervy...
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Last
9.9¢ |
Change
0.003(3.13%) |
Mkt cap ! $44.94M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.9¢ | $9.923K | 99.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 299999 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 23736 | 1 |
View Market Depth
| Last trade - 15.40pm 09/08/2024 (20 minute delay) ? |
| EGR (ASX) Chart |