Basically because there are a lot of dumb people around.
It's one of, if not the most undervalued company on the ASX. All of the issues cited by dumb people are dumb.
eg the much cited "inventory issues". the company should always ensure they have the inventory to meet demand. having too much inventory for a hyper growth company is not a sin, having too little definitely is.
having a stock like kogan at this price proves that any moron with 2 brain cells to rub together can make a fortune in stocks. In 5 years we're looking at a minimum 10x from here.
Kogan, why is it one of the most shorted stocks in AU?, page-9
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Last
$4.28 |
Change
-0.050(1.15%) |
Mkt cap ! $431.5M | |||
| Open | High | Low | Value | Volume |
| $4.42 | $4.43 | $4.26 | $3.129M | 722.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $4.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.29 | 742 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$4.28 |
Change
-0.050 ( 1.26 %) |
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| Open | High | Low | Volume | ||
| $4.40 | $4.43 | $4.26 | 95896 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| KGN (ASX) Chart |