I am a little sceptical on the "active customer growth". Has the definition of an "active customer" at Kogan been declared? Is active once a year? Once a week?
The directors of Kogan have already shown they are more than happy to "up ramp" the market with announcements then sell days later. eg whitegoods announcement and there are others. Sort of like GSW and BIG. I do not trust them to be honest.
I can see the share price drifting back to $2.50 ish
I think its positive . GST avoiders beware!, page-13
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