KMD 1.45% 34.0¢ kmd brands limited

Thanks b-lew,I also purchased KMD over the past month when the...

  1. 224 Posts.
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    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
 
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Last
34.0¢
Change
-0.005(1.45%)
Mkt cap ! $241.9M
Open High Low Value Volume
34.5¢ 34.5¢ 34.0¢ $11.21K 32.78K

Buyers (Bids)

No. Vol. Price($)
7 56721 33.5¢
 

Sellers (Offers)

Price($) Vol. No.
34.0¢ 71181 5
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Last trade - 10.04am 10/07/2024 (20 minute delay) ?
KMD (ASX) Chart
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