It is interesting to see the low-ball offer for AWE, a company that I have tipped as a TO for several years due to low market value of its assets. My prediction is that the likes of KAR and AWE are most likely to merge with other similar companies. This has been the history of O&G over a long period of time - consolidation at time of economic downturn. Maybe they will find a merger party or maybe they will be absorbed. Watch this space but you had better have a strong nerve.
Jimmyoz
Mt Somewhere watching history repeat
why buy kar now ?, page-70
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Last
$1.44 |
Change
-0.045(3.03%) |
Mkt cap ! $1.122B | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.48 | $1.44 | $7.950M | 5.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16364 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 6448 | 2 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |