KGN 0.00% $4.17 kogan.com ltd

Hi all,Bit of a rookie here.Going to get on board the KGN SPP...

  1. 3 Posts.
    Hi all,

    Bit of a rookie here.

    Going to get on board the KGN SPP train.
    However, is there anything that would stop someone from buying full allotment and then immediately selling as soon as they hit the market?
    Assuming the price remains similar to what is it, and you get a full allotment, the profit is almost $9k.

    Or is there a rule somewhere against this?
    Ie. do the stocks have to be held for a minimum period of time?
 
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$4.17
Change
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Mkt cap ! $420.4M
Open High Low Value Volume
$4.21 $4.24 $4.12 $3.020M 723.3K

Buyers (Bids)

No. Vol. Price($)
3 5621 $4.16
 

Sellers (Offers)

Price($) Vol. No.
$4.18 4400 3
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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