Basically kgn has a very tight registry with total shares outstanding 93m, management has probably half that and intos too so your looking at only rougly 10m shares trading hands just like my other company bellamy's once theres so much buyers the sp just shots coz no supply but if it fails it will fall hard too.
I've been with kgn since IPO and im sure ppl like me are looking at selling beyond 10ish but the valuation does seem abit scarely at sp above 10 so i plan to dump half and freehold the rest to retire just in case some gfc happens.\
I personally think 10 is within 2-3 months away but shorts will be on to this.
Goodluck to fellow shareholders and hope our company will be the next aus amazon !
Road to 10+
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 (20min delay)
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Last
$4.79 |
Change
-0.040(0.83%) |
Mkt cap ! $480.2M | |||
| Open | High | Low | Value | Volume |
| $4.85 | $4.85 | $4.75 | $1.229M | 256.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 3626 | $4.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.79 | 270 | 2 |
View Market Depth
| Last trade - 12.29pm 06/05/2024 (20 minute delay) ? |
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Last
$4.77 |
Change
-0.040 ( 1.27 %) |
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| Open | High | Low | Volume | ||
| $4.82 | $4.84 | $4.75 | 17730 | ||
| Last updated 12.47pm 06/05/2024 ? | |||||
| KGN (ASX) Chart |