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$5.17 kogan.com ltd

What about a director buying $500000 on market? Is that a good...

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HeyLine

2,750 Posts.

669

31/08/22

17:19

Post #: 63440971
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Originally posted by cha: ↑

hi Jay
the recent report shows they still aim to improve and reduce costs. they seem to have cash and are making a profit but still early days.
I would watch for directors resigning or selling their shares as a warning sign
I need to wait for the next update.
they could either be burning cash or turning it around as they say
the potential is there
the chart is normal fade after the volume spike. it doubled from $2.50 to $5 on that volume.
second fib is holding here. i would have preferred to see first fib level hold but it is a difficult market for all my shares.
this next quarter should complete the picture for kogan
if volume increases but no price rise then it is normally a sell out. this volume is just normal churn for mine
at best it is a hold here and a small hold at that. not a buy.
jury is still out for mine but glad to be on board for the potential
other stocks are doing well. i had one double last week so it evens out but that is the way i trade
i would not have a large percentage of my holdings in it if that helps

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What about a director buying $500000 on market? Is that a good sign?

KGN Price at posting: $3.44 Sentiment: None Disclosure: Held
3 Upvote

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(20min delay)
Last $5.17		Change 0.030(0.58%)		Mkt cap ! $518.7M

Open	High	Low	Value	Volume
$5.16	$5.26	$5.15	$1.590M	306.2K

Buyers (Bids)

No.	Vol.	Price($)
2	3400	$5.16

Sellers (Offers)

Price($)	Vol.	No.
$5.19	2474	2

View Market Depth

No.	Vol.	Price($)
2	3400	5.160
4	12393	5.150
4	5008	5.140
3	3140	5.130
3	6158	5.120

Price($)	Vol.	No.
5.190	2474	2
5.200	3963	2
5.210	2008	1
5.220	5045	3
5.230	31915	2

Last trade - 16.10pm 09/10/2024 (20 minute delay)

KGN (ASX) Chart

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