I understand everyone here is smart but UBS is smarter. DO you think they would buy 42 million stake for a loss??.
Kogan is expected to be cash flow negative in 1h2019. Having too much equity in business also isnt a great sign as it restricts owners ability to manoveure. Plus online retail is a growing market .
You can down ramp this stock as much as you want but you cant stop it
Ann: Kogan.com quarterly Cash Flow Statement and Trading Update, page-63
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Last
$4.67 |
Change
0.060(1.30%) |
Mkt cap ! $468.6M | |||
| Open | High | Low | Value | Volume |
| $4.62 | $4.72 | $4.59 | $1.553M | 334.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 14979 | $4.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.68 | 341 | 1 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| KGN (ASX) Chart |