KAR 3.27% $1.90 karoon energy ltd

"KAR SP down 6c on a share volume of 141.6k. Its funny how it...

  1. 2,912 Posts.
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    "KAR SP down 6c on a share volume of 141.6k. Its funny how it always falls on low volume but rises on larger volume".
    went down 10cents. on no news, oil trading well.

    Nothing new for Kar. Traders have no conviction and used the past sell downs as the status quo.

    Longer term how ever is the issue. I can not understand that the reports saying we are consuming less oil, Then read record levels of production from many producers. Its not only a case that Opec cut production, that oil has risen of late, its obviously the combination of both cuts and demand. I will stick with the consensus that oil will be close to 100 very soon.

    I have read a lot about green energy and feel that the intention to produce fewer green house gases are admirable, it just does not have legs to cover the needs of the world at the moment and doubt it ever will. Nuclear will be the only front runner. But this is still a long way off. For now we need fossil fuels
 
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Last
$1.90
Change
0.060(3.27%)
Mkt cap ! $1.518B
Open High Low Value Volume
$1.86 $1.92 $1.85 $14.11M 7.466M

Buyers (Bids)

No. Vol. Price($)
8 103839 $1.90
 

Sellers (Offers)

Price($) Vol. No.
$1.91 50033 4
View Market Depth
Last trade - 16.10pm 20/05/2024 (20 minute delay) ?
Last
$1.90
  Change
0.060 ( 3.44 %)
Open High Low Volume
$1.86 $1.92 $1.85 2081807
Last updated 15.59pm 20/05/2024 ?
KAR (ASX) Chart
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