Amazon Australia has been around for a few years now. But yes, still fairly early days for them. Yes, they're a threat. KGN's warehousing & logistics issues were extreme in the pandemic reversal, but I thought were very well managed prior. KGN uses 3rd party warehousing. This has benefit of reducing fixed costs & investment - which in prior years has been very effective for KGN. But yes, during the latest hiccup has resulted in additional costs. Swings & roundabouts, no? I'd rather not assume hiccups are permanent.
In truth, I'm not sure what's a bigger threat to KGN, Amazon or the legacy retailers (as they increasingly flex their 'omni' muscle).
Amazon Australia has been around for a few years now. But yes,...
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Last
$4.17 |
Change
0.000(0.00%) |
Mkt cap ! $420.4M | |||
| Open | High | Low | Value | Volume |
| $4.21 | $4.24 | $4.12 | $3.020M | 723.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5621 | $4.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.18 | 4400 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| KGN (ASX) Chart |