I spoke to the company earlier today. Apparently Citibank and Morgan Stanley have liquidated a resource fund of sorts. Other stocks in the fund included FMG and AGO which are also down today, albeit not to the same extent that KAR is.
So I was wrong about the bear raid!
bear raid?, page-9
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Last
$1.87 |
Change
-0.030(1.58%) |
Mkt cap ! $1.498B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.91 | $1.87 | $6.716M | 3.574M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 26069 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 46025 | 4 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |