The tech sector is too hot, lots of those tech companies are high in revenue but low in profit in fact some in significant losses but high SPs so its very over valued on current estimates but more realistically valued on potentials. Tech fell to earth a bit today in fact a lot. Good buying opportunities. Kogan is one of the better tech sector companies as it is very cashed up and very profitable so no worries there mate! It will bounce back the big fall followed by a bigger bounce
I'm going to relax today and not watch the stock market (well just a little peep maybe).......
Ann: S&P DJI Announces September 2020 Quarterly Rebalance, page-6
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Last
$4.63 |
Change
-0.040(0.86%) |
Mkt cap ! $470.1M | |||
| Open | High | Low | Value | Volume |
| $4.66 | $4.70 | $4.60 | $1.294M | 278.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 10239 | $4.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.64 | 4506 | 20 |
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| Last trade - 15.08pm 06/09/2024 (20 minute delay) ? |
| KGN (ASX) Chart |