IMHO the shorts got squeezed the last few days due to the positive AGM outlook but now KGN is under pressure due all the "leaks" of Amazon's "imminent" launch.
Could be another pop up when the analysts wake up to the (likely) fact that KGN is one of the "suppliers" who got the nod.
If not, well then we get another opportunity to buy in more at <$4 before the big pop up on the positive Q2 cash flow update in late January.
A win-win situation.
Amazon.com?, page-28
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Last
$4.38 |
Change
0.020(0.46%) |
Mkt cap ! $443.2M | |||
| Open | High | Low | Value | Volume |
| $4.37 | $4.42 | $4.34 | $554.2K | 126.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1928 | $4.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.39 | 1066 | 4 |
View Market Depth
| Last trade - 11.30am 19/08/2024 (20 minute delay) ? |
| KGN (ASX) Chart |