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?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$3.74
Change
0.010(0.27%)
Mkt cap ! $372.5M
Open High Low Value Volume
$3.72 $3.76 $3.72 $776.4K 207.6K

Buyers (Bids)

No. Vol. Price($)
4 3620 $3.74
 

Sellers (Offers)

Price($) Vol. No.
$3.75 4410 16
View Market Depth
Last trade - 13.07pm 16/09/2025 (20 minute delay) ?
KGN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.