cujo, Mac Bank and UBS have those targets today. Its the latest info. I understand that everyone is annoyed at KAR due to the share price drops, but the investment market does take the recommendations seriously.
My question is, do people think the share price will be closer to $2 or $3 in the next couple of months? 25% down or 25% up? KAR can have big moves, and the next move could be substantially up. A KAR holder said his broker said insto's are punishing KAR right now, and not much will happen as a catalyst for a month. KAR can't be pushed down forever, though.
mac research update, page-21
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Last
$1.87 |
Change
0.060(3.32%) |
Mkt cap ! $1.497B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.87 | $1.81 | $10.89M | 5.914M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55493 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 47395 | 5 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |