I am pretty sure they are being set up for a lowball takeover.
However it is a market so who in the hell knows except for the traders selling it.
I don't think it will be successful as surely Ross holds a few aces up his sleeve.
Who is selling at these levels?, page-14
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Last
$1.69 |
Change
0.040(2.42%) |
Mkt cap ! $436.8M | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.76 | $1.67 | $633.1K | 370.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2256 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 2304 | 11 |
View Market Depth
| Last trade - 13.06pm 16/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |