KGN 1.50% $4.60 kogan.com ltd

Sell Off Intensifies, page-3

  1. 4,884 Posts.
    lightbulb Created with Sketch. 1093
    Well I have been telling anyone who would listen $4.00 - but lots of people on this forum took umbrage.......

    It could go lower but if the CEO announced he was selling stock today, he would probably get some nibbles around that level I reckon.

    Once he has unloaded, there may be a bounce.

    Sadly, having flagged that he is a seller, the market is just stepping back.

    I just cannot see Rus self-imposing another period of voluntary escrow - but I could be wrong.

    Weak holders are now in panic mode.

    Good luck.
 
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