I think the business is ok, hard to disagree with a lot of those points in the Morningstar write up. However, there have been missteps post Covid. Arguably the KMP messed up a lot by over ordering inventory during the boom. That helped smash the stock post Covid beyond the general downturn in covid winners. The massive comp and timing is not a good look. Not much shareholder value has been created in several years. The shares were trading at 5 bucks as far back as late 2017. This has been coupled with extreme volatility. I've had good experiences as a customer, but no interest as an investor.
I think the business is ok, hard to disagree with a lot of those...
Add KGN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.68 |
Change
-0.070(1.47%) |
Mkt cap ! $471.2M | |||
| Open | High | Low | Value | Volume |
| $4.68 | $4.72 | $4.65 | $3.018M | 644.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3833 | $4.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.71 | 7633 | 2 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$4.68 |
Change
-0.070 ( 0.71 %) |
||||
| Open | High | Low | Volume | ||
| $4.68 | $4.71 | $4.66 | 107748 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| KGN (ASX) Chart |