"because this mgmt will want to get a good chunk on the share holdings before the POS goes up."
The board has no desire to sink any more money in. Anyone who bothered to spend a few dollars on some ASIC searches would know that most of the present and "ex" directors were involved in SIHA, which orchestrated the "flip" from KCN. There only interest is in keeping the price up enough for them to cash their milestone shares when they collect them, and scurry off to the next scam.
Nobody wants to hear things like that, ever since the SP was around 16c or better. Now, its back below the level it was before consolidation. Theres no point coming up with conspiracy theories, the market (including Blackrock) have spoken. How much further will the SP fall while you continue to hope and pray for that magical turnaround
"because this mgmt will want to get a good chunk on the share...
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Last
10.0¢ |
Change
0.003(3.09%) |
Mkt cap ! $149.2M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.5¢ | 9.9¢ | $336.3K | 3.366M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9304 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 3120740 | 42 |
View Market Depth
| Last trade - 12.18pm 04/12/2024 (20 minute delay) ? |
| SVL (ASX) Chart |
