Great result for Black Friday. That's $4m less stuff that customers will buy from the competition, including Amazon (once they manage to get their systems in-synch with their launch leaks).
Unfortunately, looking at some of the sale prices the gross margin will be <<18% for that $4m.
A website that appears to have a low opinion of Kogan (or perhaps they are just arrogant, or bitter of Ruslan's success) has posted this alternative view (better known as drivel):
https://shopferret.com.au/kogan-releases-its-black-friday-sales-early-2/
Ann: Change of Director's Interest Notice - GR, page-26
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Last
$4.91 |
Change
0.090(1.87%) |
Mkt cap ! $495.6M | |||
| Open | High | Low | Value | Volume |
| $4.79 | $4.94 | $4.79 | $1.737M | 355.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7626 | $4.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.92 | 657 | 1 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| KGN (ASX) Chart |