Picked up my first shares in Kogan Monday. I was umming are arhing about wanting an exposure to e commerce probably for the past month.
Then I remembered something said some time back ( not to do with Kogan) that made my mind up over the weekend. Always back a winner.
Kogan has shown that despite all the naysayers for years he just keeps on growing. The cash warchest is in my mind a signal that he wants to keep buying and locking up Aussie names on his website ( not Amazon ) !
As the helicopter money stops , plenty still of well respected bricks and mortar retailers that will be looking for a saviour. And this locks out Amazon.
cheers
KGN Charts, page-496
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Last
$4.22 |
Change
0.040(0.96%) |
Mkt cap ! $424.6M | |||
| Open | High | Low | Value | Volume |
| $4.19 | $4.28 | $4.17 | $1.344M | 317.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9701 | $4.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.24 | 578 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| KGN (ASX) Chart |