KMD 2.08% 47.0¢ kmd brands limited

Road block again at 97c 97.5c, page-61

  1. 224 Posts.
    lightbulb Created with Sketch. 144
    Thanks b-lew,

    I also purchased KMD over the past month when the market cap was around 400-650m however have decided to take profit this morning after the price rise from the bottom. While the share price technically looks like it could breakout, after the current dilution the market cap would be the highest it has been over the past two years if it were to do so (going to 1.25-1.50 as others have posted).
    I find it difficult to comprehend how KMD could be valued higher than it has in the prior two years given recent store closures (contributes 75% of profit), even if online sales have surged 2.5-3x higher (online only contributes 8% of profit) since this time last year.

    In the short term I am nervous, the market has been extremely bullish and we are not far behind the top of the market pre-covid which is scary considering all things happening globally right now
 
watchlist Created with Sketch. Add KMD (ASX) to my watchlist
(20min delay)
Last
47.0¢
Change
-0.010(2.08%)
Mkt cap ! $341.6M
Open High Low Value Volume
48.0¢ 48.0¢ 47.0¢ $24.53K 52.18K

Buyers (Bids)

No. Vol. Price($)
1 16800 47.0¢
 

Sellers (Offers)

Price($) Vol. No.
47.5¢ 13988 2
View Market Depth
Last trade - 11.43am 10/09/2024 (20 minute delay) ?
KMD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.