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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Last
$1.87 |
Change
-0.028(1.45%) |
Mkt cap ! $1.494B |
Open | High | Low | Value | Volume |
$1.90 | $1.91 | $1.86 | $4.650M | 2.456M |
Buyers (Bids)
No. | Vol. | Price($) |
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49 | 68072 | $1.87 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.87 | 73596 | 44 |
View Market Depth
No. | Vol. | Price($) |
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42 | 60254 | 1.865 |
28 | 114783 | 1.860 |
16 | 52803 | 1.855 |
21 | 143596 | 1.850 |
13 | 322301 | 1.845 |
Price($) | Vol. | No. |
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1.870 | 66704 | 43 |
1.875 | 62983 | 22 |
1.880 | 154734 | 20 |
1.885 | 101877 | 18 |
1.890 | 48239 | 10 |
Last trade - 14.12pm 21/05/2024 (20 minute delay) ? |
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Last
$1.88 |
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Change
-0.028 ( 1.40 %) |
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Open | High | Low | Volume | ||
$1.90 | $1.91 | $1.86 | 687547 | ||
Last updated 14.33pm 21/05/2024 ? |
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