KGN 0.23% $4.28 kogan.com ltd

KGN and Amazon will actually both benefit out of them being...

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    KGN and Amazon will actually both benefit out of them being around and stronger as for Amazon they will get listing fees etc from KGN and being the biggest online retailer in Aus one can imagine they would be happy to have them around, on the other hand Amazon in Australia will only boost online retail which is a good thing for KGN and will allow KGN to use Amazon to sell their wares as another outlet. Right now growth is phenomenal and this should be trading at high multiples because here isn't anything on the ASX that is doing that on a regular basis in retail mind you. The quarterly is just another reminder what a good story KGN is and Ruslan and co selling a few million shares to improve liquidity is not a bad thing. They still hold majority and whether it's 100% or 50%, they still are in it balls deep.
 
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