Browse certainly ain't worthless but gas assets in this basin are very long-dated. Apart from Ichthys, discoveries have sat there in limbo for years. Woodside until last week favoured an Israeli development over a Browse ... now that tells me Browse is difficult, expensive and long-dated.
On Brazil, yeah it all sounds good, but Pacific Rubiales is as spivvy as KAR and I don't trust a word that comes out this JV.
... but yes time will tell. My broad brush stroke works for me - they are investment rules - and KAR is an avoid for me.
the day, page-83
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Last
$1.37 |
Change
-0.005(0.36%) |
Mkt cap ! $1.067B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.38 | $1.35 | $3.505M | 2.562M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 157718 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 29411 | 1 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |