JEZ
I agree that most likely nothing great will happen with KAR till closer to the spud , however with KAR being tightly held , if a large player wants in before ,it will get pushed hard.
I have been in once - $1.40 / sold $2.10 , then waiting for retrace - no luck , been in since $2.58 July last year. Not willing to chance it again. May top up again as funds permit.
Hold INP & NXS as well - NXS suffers from Libra delay - much more than KAR has "suffered" from Browse drills.
I do not doubt they will get some shows at very least - Buffoon 1 was drilled by WPL in the 80's - not much data available , they had some drilling problems & had to kill the well. I like to think that hey knew it was gas ( which was an unwanted stranded prize ) and walked away .
Time will tell.
Cheers
Baraka
otto about to produce from galoc field, page-11
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Last
$1.46 |
Change
0.018(1.22%) |
Mkt cap ! $1.171B | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.48 | $1.43 | $1.770M | 1.222M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 61410 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 4329 | 2 |
View Market Depth
| Last trade - 11.08am 10/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |