I think they will keep capping it at $1.80-1.90.
It is heading to 200 day MA line. $1.60s. There is no interest by traders unless there is a spread.
No one has the deep pockets to soak up sellers stock. Given the cat is out of the bag.
Unless KMD makes international strategy moves it will slide. Or provides good outlook statement or guidance. No excitement means no eager buyers to soak up sellers stock. Only way to stop them selling is SP below what they want to sell for.
I will buy back at $1.60s.
Ann: Change in substantial holding-KMD.NZ, page-8
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Last
37.0¢ |
Change
-0.015(3.90%) |
Mkt cap ! $334.4M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.5¢ | 36.5¢ | $113.2K | 302.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 74089 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 24072 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| KMD (ASX) Chart |
