KGN 0.44% $4.49 kogan.com ltd

Ann: Responses to ASX Queries, page-41

  1. 1,300 Posts.
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    When I read that raider Ruslan is worth $500mill does that valuation include his shareholdings in KGN which have now taken a big hit. No wonder he opted for the big fat unearned ex
    xcessive cashout when he did a few weeks ago. Why was it permitted ? Who authorized it and who has that power? I don't think he can get away with it as ASX have requested emails and whatever other relevant communications..maybe ASX took a look at their PCs etc. They have that power. .
    When the dividend is paid on 31 may Ruslan etc gets more $$$ and we get some but where does that leave the cash reserves then?
    Last edited by VMG70: 08/05/24
 
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