I would worry about the variable costs. It is a costs line in their presentations. Christmas also happened last year. Why mention them if there isn't a problem? The increase in costs is material to the result even if it is just for one quarter ==> at least $2.5m.The analysts advising their fund to sell are obvously seeing what I am seeing. Proper forecasts by market participants is for a disaster of half, if not year, hence the selling.
I would worry about the variable costs. It is a costs line in...
Add KGN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.56 |
Change
0.020(0.44%) |
Mkt cap ! $460.3M | |||
| Open | High | Low | Value | Volume |
| $4.57 | $4.62 | $4.47 | $1.781M | 392.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $4.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.57 | 1096 | 1 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| KGN (ASX) Chart |