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
$4.75 |
Change
-0.030(0.63%) |
Mkt cap ! $478.2M | |||
| Open | High | Low | Value | Volume |
| $4.79 | $4.81 | $4.70 | $2.909M | 612.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6910 | $4.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.76 | 3351 | 1 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
$4.72 |
Change
-0.030 ( 1.69 %) |
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| Open | High | Low | Volume | ||
| $4.79 | $4.80 | $4.70 | 70715 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| KGN (ASX) Chart |