Yeah I am concerned about where all that cash has gone, someone here said the explanation was somewhere inferred in the announcement, b.s. to that haha into their pockets I'm guessing and not actually disclosing this expenditure - they sold "BACK TO THE COMPANY, so KGN paid them - why didn't they sell these options on market? Definitely chose not to as market wasn't interested ... avoiding share dilution b.s.
AFR reports: 15 hours ago — Kogan.com's two most senior executives made $17.6 million selling options back to the company just three weeks before a profit downgrade ...
Ann: Kogan.com - April 2024 Business Update, page-49
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$4.14 |
Change
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Mkt cap ! $414.5M | |||
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|---|---|---|
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