I understand why you felt compelled to cash out. The announcement last week that Ruslan and David had sold down a bit of their stake came something of a surprise, and I'm not wholly convinced of the reasons that were given for it - namely, 'strong demand from institutions' and a 'desire to increase free float'. I'd be quite concerned if they repeat the act any time soon, and would probably start offloading my own (modest) stake in proportion to their sales.
Any material slowdown in customer & revenue growth would also be a reason to ease out of the stock, I think, though no sign of that at present.
I understand why you felt compelled to cash out. The...
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Last
$4.45 |
Change
0.170(3.97%) |
Mkt cap ! $447.7M | |||
| Open | High | Low | Value | Volume |
| $4.28 | $4.56 | $4.21 | $4.209M | 945.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3999 | $4.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.49 | 2561 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| KGN (ASX) Chart |