My thoughts, too.
The immigration numbers are looking good and will continue to be high to meet the governemnts targets for the next 12 months.
This should soften any reduction in retail sales from the expected tightening of pockets in the coming few months post Christmas.
Will Australia yet again escape a recession through immigration? Fingers crossed.
It's tough overseas atm, lets hope kogan manages to scoop up some more bargain deals from it too.
I'm keen to see the results of the Christmas quarter with their return to profitability and growth they have sprouted. Plus their restructured income streams.
Like that dip a few months ago, I'm expecting Ruslan has seen the spike in shorters the last three weeks and has been saving the 250k per day buyback this last week to buy larger amounts at a discount, forcing the shorters to close their position.
Very nteresting times for KGN right now.
Shonky award, page-21
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Last
$4.81 |
Change
-0.130(2.63%) |
Mkt cap ! $484.3M | |||
| Open | High | Low | Value | Volume |
| $4.88 | $4.90 | $4.79 | $2.147M | 443.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 872 | $4.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.82 | 800 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$4.81 |
Change
-0.130 ( 2.95 %) |
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| Open | High | Low | Volume | ||
| $4.88 | $4.89 | $4.79 | 60215 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| KGN (ASX) Chart |