Its the interest rates proposition that they will further rise and consequentially spending may have to drop and thereby retail sector is hit, while other sectors are on the rise. We know that retail is cyclical by nature and is a function of whether spending power rises or falls. It definitely shot up over the xmas spending period and some peeps save for this for months if not all year, but its over now however it can't have hurt the bottom line which will be revealed in due course.
Ann: Update - Notification of buy-back - KGN, page-12
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Last
$4.06 |
Change
-0.030(0.73%) |
Mkt cap ! $407.9M | |||
| Open | High | Low | Value | Volume |
| $4.08 | $4.08 | $4.02 | $1.358M | 335.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 5497 | $4.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.06 | 5206 | 26 |
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| Last trade - 13.50pm 08/08/2024 (20 minute delay) ? |
| KGN (ASX) Chart |