Seems to me it is all about balance... Shareholders have waited a very long time to get to see KAR finally reach production and hopefully a dividend. Some have watched their SP go from the $6, 7, 8. 9 , 10, $11 range down to $2 and below over the last ten years. It's not hard to imagine that those SH's might like to get a dividend along the way as well as see some asset growth.
What are you going to say, If global politics settles down and/or we have another global financial crisis and the world is awash with oil yet again, we could see oil back at $40-$50 barrel , SH's will still not have received a divvie and of course the SP will be nowhere reflecting the current POO and minimal profitability at the time.
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Seems to me it is all about balance... Shareholders have waited...
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Mkt cap ! $1.518B |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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2 | 47821 | $1.90 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 10773 | 1.890 |
5 | 157048 | 1.885 |
8 | 87046 | 1.880 |
2 | 49806 | 1.875 |
Price($) | Vol. | No. |
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1.900 | 40000 | 1 |
1.905 | 16805 | 3 |
1.910 | 79078 | 5 |
1.915 | 126091 | 3 |
1.920 | 106565 | 8 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
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Change
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