Couple of things on Russian oil it can and will be sold to China they will absorb all Putin can give them.
Secondly Bidens SOTU address is on here soon he's expected to announce restarting some production and releasing reserves wonder if that will see Brent back under 95 ?
I hope KAR gets the recognition it deserves it's gone near six times since my buy back in 2020 must admit that profit looks tempting but really it's highly likely KARcgoes to 3-4 dollars this year.
So selling some would be foolhardy unless the works turns in the tap for oil
Even if they do it could be short term as post pandemic demand surges.
Whats the end game putin resigns or is killed the world says yes to Russian oil again price comes of a lot
Then KAR is either a TO target or it has so much cash it gives back to holders in a juicy special div ?
Whatever happens KAR really is in a great position.and looks a very very strong buy still even at 2.14
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- Macquarie says Karoon worth $5.15 if oil > 100
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Last
$1.91 |
Change
0.020(1.06%) |
Mkt cap ! $1.530B |
Open | High | Low | Value | Volume |
$1.91 | $1.96 | $1.91 | $9.330M | 4.849M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 103998 | $1.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.92 | 29475 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5601 | 1.910 |
4 | 11862 | 1.905 |
11 | 48622 | 1.900 |
4 | 12983 | 1.895 |
12 | 65592 | 1.890 |
Price($) | Vol. | No. |
---|---|---|
1.920 | 24253 | 4 |
1.925 | 5118 | 1 |
1.930 | 5118 | 1 |
1.935 | 5118 | 1 |
1.940 | 5118 | 1 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.92 |
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Change
0.020 ( 0.91 %) |
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Open | High | Low | Volume | ||
$1.92 | $1.96 | $1.91 | 1808462 | ||
Last updated 15.59pm 03/05/2024 ? |
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KAR (ASX) Chart |