Shares in online discount retailer Kogan crashed by more than 16% in their first day of trading on the ASX on Thursday, plunging from the listing price of $1.80 to just $1.50 when the market closed.
Proudly boasting of being ‘Back and Better than Ever,’ Kogan has taken control and has brought Dick Smith back to life the day after the old physical stores closed forever.
With all Dick Smith stores closing down on Tuesday, 3 May, an iconic brand in physical form will sadly pass away - only to live again another day!
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