KMD 1.33% 37.0¢ kmd brands limited

I think they will keep capping it at $1.80-1.90. It is heading...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,987 Posts.
    lightbulb Created with Sketch. 139
    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.
 
watchlist Created with Sketch. Add KMD (ASX) to my watchlist
(20min delay)
Last
37.0¢
Change
-0.005(1.33%)
Mkt cap ! $334.4M
Open High Low Value Volume
37.5¢ 37.5¢ 37.0¢ $1.91K 5.157K

Buyers (Bids)

No. Vol. Price($)
6 62721 36.5¢
 

Sellers (Offers)

Price($) Vol. No.
37.0¢ 4461 3
View Market Depth
Last trade - 10.18am 27/11/2024 (20 minute delay) ?
KMD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.