gyroscopic... "There will not be a take over in the medium term because there is materially nothing to sell"
that is bollocks - obviously KAR don't have any rock solid reserve numbers yet - we all know that - but they do have a huge volume of reasonable contingent numbers. Any O&G firm would be able to crunch the maths and determine a suitably discounted in-situ valuation for the KAR assets.
Therefore to say there will be no takeover because there is nothing to sell is totally disingenuous!!
Personally I don't thing there will be a takeover anytime soon because the board, and several of the major shareholders WOULD NOT entertain any low-ball bid at this point in time.
If you want to scare us mate, you'll need to do more than jump out from behind a curtain and say "Boo!"
In my opinion, your opinion sucks!
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Last
$1.51 |
Change
-0.085(5.33%) |
Mkt cap ! $1.211B |
Open | High | Low | Value | Volume |
$1.59 | $1.59 | $1.49 | $11.13M | 7.334M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19893 | $1.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.51 | 140180 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 19893 | 1.505 |
2 | 20016 | 1.495 |
12 | 188609 | 1.490 |
7 | 90178 | 1.485 |
15 | 195916 | 1.480 |
Price($) | Vol. | No. |
---|---|---|
1.510 | 140180 | 7 |
1.515 | 42784 | 3 |
1.520 | 91616 | 7 |
1.525 | 66269 | 2 |
1.530 | 2000 | 1 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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KAR (ASX) Chart |