Tend to agree Stevo.
I have no issues at all for the GOM purchase going forward. (The delay with the trading halt was second rate).
I also did not take up the offer, but purchased on market at a much better price, as did a lot of others.
Now that the company has secured this acquisitions, with the light of more cash flow I would expect that a return to share holders has to be the next move. If not I will be moving out to a share that provides a return.
We have dropped some 26% from our trading high based on the purchase. Time for Kar to make a move to give incentive to traders and brokers to buy. Make a div plan that will also increase the share price along the way, Still see this moving up over the next 3 to 6 month, once the hang over from the failed credit raise, works its way into the system. 10 million traded to day might be showing signs of these coming to an end soon. (Not sure how many shares were held by the underwriters.) Cash rev and oil prices are very relevant now moving into the next phase.
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Last
$1.68 |
Change
0.005(0.30%) |
Mkt cap ! $1.342B |
Open | High | Low | Value | Volume |
$1.69 | $1.71 | $1.67 | $8.559M | 5.081M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 93351 | $1.67 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.68 | 29087 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 79192 | 1.670 |
6 | 116654 | 1.665 |
7 | 54305 | 1.660 |
7 | 55530 | 1.655 |
28 | 116308 | 1.650 |
Price($) | Vol. | No. |
---|---|---|
1.680 | 56604 | 3 |
1.685 | 121143 | 8 |
1.690 | 109133 | 4 |
1.695 | 155602 | 4 |
1.700 | 28746 | 4 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.68 |
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Change
0.005 ( 0.22 %) |
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Open | High | Low | Volume | ||
$1.69 | $1.71 | $1.67 | 1206383 | ||
Last updated 15.59pm 14/06/2024 ? |
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