Australia's largest stock trading and investment forum Australia's #1 stock forum

KGN

Click for more information

1.36%

$5.08 kogan.com ltd

Booktopia / Kogan, page-7

First 7 Last

Share
Profile

Follow
stonks92

4,780 Posts.

503

11/07/24

20:23

Post #: 74715448
Share

Originally posted by Master Blaster: ↑

My understanding is that there are a few with their sights on it - Dymocks, QBD are in there also.. I don't think there will be a "bidding war" so hoping Kogan can snap up a good deal, streamline it and revive it. Booktopia was a market darling during covid, few hundred million MC that's now 10 million but liquidating. It's price has been smashed because of bad management. I just wish that KMP didn't scrape the coffers of KGN a few months back, they'd have more to play with in this purchase.

Saying that though, KGN have around 40m in the bank or more and debt free right?

I know Kogan have been looking to diversify as much as possible recently, the luxury furniture purchase, mobile, internet etc, Mighty Ape...most have worked at least, from memory, their superannuation deals didnt is the only one that was net 0.

KGN is really lining up as a one stop shop and their memberships savings will be boosted if they can get over the line with Booktopia purchase.

I think this would be a great addition also, I'm up 7% in around 24hrs already, so happy for the top up.

Expand

KGN Price at posting: $4.28 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

OJC

SPC to merge with Original Juice Co and Nature One Dairy

There are more pages in this discussion • 5 more messages in this thread...

First 7 Last

Add KGN (ASX) to my watchlist

(20min delay)
Last $5.08		Change -0.070(1.36%)		Mkt cap ! $512.7M

Open	High	Low	Value	Volume
$5.16	$5.20	$4.99	$3.738M	732.0K

Buyers (Bids)

No.	Vol.	Price($)
2	7994	$5.07

Sellers (Offers)

Price($)	Vol.	No.
$5.10	895	1

View Market Depth

No.	Vol.	Price($)
2	7994	5.070
1	3074	5.060
2	8074	5.050
2	1980	5.020
6	11000	5.000

Price($)	Vol.	No.
5.100	895	1
5.110	7589	1
5.130	3074	1
5.140	9440	3
5.150	3074	1

Last trade - 16.10pm 02/10/2024 (20 minute delay)

KGN (ASX) Chart