KAR 6.18% $1.60 karoon energy ltd

timing.., page-5

  1. 5,609 Posts.
    dont worry about the cyclone. the worst that happens is a delay pre drilling. i am not sure its even a problem where it is at the moment. the market is the biggest problem and always has been imo. lets hope that KAR or MEO hits a decent discovery since the overall market needs a winning sector. KAR has the added advantage of drilling 3 wells in this program so we don't just rely on one well. i expect some more news early this week about the status etc. dyor and good luck since the risk reward for KAR is as solid as one can hope for in the exploration business. The company was smart to raise a lot of money when they did. I think the stock has a lot of support at $2.50 and any sales down there should be meet with solid buying considering the drilling will be underway as well.
 
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Last
$1.60
Change
-0.105(6.18%)
Mkt cap ! $1.279B
Open High Low Value Volume
$1.63 $1.63 $1.58 $10.72M 6.719M

Buyers (Bids)

No. Vol. Price($)
2 1500 $1.59
 

Sellers (Offers)

Price($) Vol. No.
$1.60 52235 4
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Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
KAR (ASX) Chart
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