Mith you are right - as is commodore etc etc...
What i despise is that is don't think is singular here...as in one fund doing it on their own clients behalf. Your point is valid
Wellington involved and Fidelity and we saw Paradise recently...
The shear volume within a short period would massacre the share..
I would never suggest collusion amongst the lads... but then again i would like to know where the 800k went off market recently?
Creating VWAP's weight for different markers daily, weekly etc etc. IT distorts SP and creates an uneven playing field surely?
And cato's points re KAR was mentioned yesterday and confirmed by KAR themselves - they understand their is a bit of profit taking 2-5% and a few majors and delving - they can't pry too deep for all associated fears?
So my picture has always simply been - fair value is a creation of the market not the Company ..ever noticed SP's around time of mooted Cr's etc etc.
Of course their is an end game and an obligation to their individual shareholders within funds or else they lose them quite right - so again they don't invest in duds if they can help it ( some loads better than others).
I just see the end game not involving KAR drilling Oil and Gas
- go re read the posts about Pre Salt the other day and also Petrobras finding again today in the Pre salt - underpinning what was once considered almost impossible drilling 6,000 metres plus depths now is happening with great success...
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Last
$1.90 |
Change
0.000(0.00%) |
Mkt cap ! $1.393B |
Open | High | Low | Value | Volume |
$1.88 | $1.91 | $1.87 | $9.126M | 4.816M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 33279 | $1.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.90 | 134 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 33279 | 1.870 |
1 | 14980 | 1.860 |
2 | 26273 | 1.850 |
1 | 15090 | 1.845 |
1 | 250 | 1.840 |
Price($) | Vol. | No. |
---|---|---|
1.900 | 134 | 1 |
1.905 | 15000 | 1 |
1.910 | 68379 | 7 |
1.915 | 15000 | 1 |
1.920 | 96550 | 3 |
Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
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