I correctly predicted it would fall to the mid 3s after the debacle with the directors selling (and was attacked for my call). I also said it was a good entry from that level if you were looking for a long term hold. I wasn't downramping, just calling it as I saw it. Well done to those who grabbed a few at the lows. I didnt think it would recover this quickly, Amazon's pathetic launch probably has a lot to do with it. $5 will be the next big test, I expect it to fail on its first attempt.
Full disclosure: I didn't grab any myself in the mid 3s because it wasn't a trade setup that is in my play book. Still watching with interest to see if a setup develops.
s.loeb
Ann: Kogan.com quarterly Cash Flow Statement and Trading Update, page-214
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Last
$5.15 |
Change
-0.060(1.15%) |
Mkt cap ! $519.8M | |||
| Open | High | Low | Value | Volume |
| $5.23 | $5.23 | $5.09 | $2.249M | 438.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4357 | $5.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.16 | 6000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| KGN (ASX) Chart |