How can a business that top line revenue completely relies on grey importing product from HK be worth 800 million AUD. When the import threshold drops to $5 why would you buy a iPhone X from Kogan for more than you can buy from Apple when wait for it...from Kogan it will take over a week for delivery without a Australian AU plug!
KGN will be one of the greatest shorts in ASX history and will be talked about in 50 years time.
LOL...
How can a business that top line revenue completely relies on...
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Last
$4.23 |
Change
0.055(1.32%) |
Mkt cap ! $426.4M | |||
| Open | High | Low | Value | Volume |
| $4.14 | $4.27 | $4.11 | $1.373M | 326.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 2687 | $4.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.23 | 3419 | 13 |
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| Last trade - 14.01pm 01/07/2024 (20 minute delay) ? |
| KGN (ASX) Chart |