The market is irrational and overshoots at both ends. For better or worse I topped up around $6 but still quite underwater overall. Just like people extrapolated the H121 result to infinity ($25? Seriously?) they seem to be doing the same with this inventory impacted result.
Given the cost/inventory issues were flagged last year just what were people expecting? If anything, I was expecting a little worse on the sales front.
Ann: January 2022 Business Update, page-24
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Last
$4.60 |
Change
-0.070(1.50%) |
Mkt cap ! $465.0M | |||
| Open | High | Low | Value | Volume |
| $4.66 | $4.70 | $4.60 | $1.703M | 367.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 27253 | $4.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.63 | 54 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| KGN (ASX) Chart |