KGN 0.79% $5.12 kogan.com ltd

I guess company had 83.3m cash at Dec 2023 and now they had...

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  1. 1,202 Posts.
    lightbulb Created with Sketch. 125
    I guess company had 83.3m cash at Dec 2023 and now they had 34.1m at end of March 2023 so basically $50m spend in 3 months is what scaring the market. Company tried to be smart and instead of comparing cash with previous quarter they are simply comparing it a year ago !
    https://hotcopper.com.au/data/attachments/6122/6122454-0ea631cb6494fdcbd04316053e969b22.jpg

    https://hotcopper.com.au/data/attachments/6122/6122447-93154f1d1a1917fed3566873cbae1b7c.jpg

 
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