The acceleration in revenue in the past couple of years suggests to me that either the online retail market is maturing or the business has reached critical mass. Either way it looks like just the beginning for KGN.
Amazon's entry will be interesting but I suspect it will help to establish the market even more and be a boon to KGN. Obviously there is the question mark over margin pressure but I feel KGN's own brand will counter this if it eventuates.
The acceleration in revenue in the past couple of years suggests...
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Last
$5.09 |
Change
-0.030(0.59%) |
Mkt cap ! $513.8M | |||
| Open | High | Low | Value | Volume |
| $5.08 | $5.12 | $5.03 | $1.389M | 273.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11095 | $5.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.11 | 1638 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| KGN (ASX) Chart |