Ann: Responses to ASX Queries, page-12

Interesting, company saying they don't believe the announcement three weeks after the option cash-in was material. On the face of it, that is a farcical claim given the destruction of the share price that day and analyst commentary.

But wait, Kogan makes the good point that only small declines in consensus occured post Ann. In terms of the analysts, including one summed as this, "Kogan's 3Q FY 2024 update is hard to reconcile with the strong outlook commentary provided at the last result, say UBS analysts in a note", are lacking appreciation for seasonality and the full scope of the company.

Is this the end of this options controversy?