KGN 1.61% $4.43 kogan.com ltd

Ann: Change of Director's Interest Notice - GR, page-13

  1. 4,832 Posts.
    lightbulb Created with Sketch. 1083
    Director buys $20k of stock - well start a party - THIS is a huge vote of confidence..........NOT!

    What it is - is a lot of nonsense - see it for what it is - window dressing!

    Non-executive directors are generally paid a lot less than $160k a year - so Ridder is hardly "underpaid".

    Underpaid director buys $20k of stock to appease owner - wooohooo!

    Just keeping his board spot secure maybe?

    Anyway, I am still waiting for advice on how retail investors can short a stock?

    In the case of Kogan, this might be difficult if it requires borrowing stock, given the amount of stock that Ruslan and David hold.

    Anyway still curious.......if anyone knows?
 
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