KAR 0.00% $1.74 karoon energy ltd

why the plummet in share price???, page-6

  1. 1,666 Posts.
    lightbulb Created with Sketch. 267

    BRW

    People leveraged to buy at recent prices , expecting ann to say that she flowed & now being hooked up for production !

    Well was always to be P & A - you will note that it appears well is not sited on the crest of structure - lots more work to do , but now dealing with a known ( and very big if you ask me ! ) gas field. They will be planning the next hole & will have learned a lot about the area.

    You do not need a pretty flare to prove that it will flow. Core samples and logs will help them made the next decisions.

    I hold most of mine in the superfund ave cost $2.50. We have a strong partner with expertise - heaps of upside still here !


    Cheers


    Baraka
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
(20min delay)
Last
$1.74
Change
0.000(0.00%)
Mkt cap ! $1.392B
Open High Low Value Volume
$1.76 $1.78 $1.73 $9.077M 5.198M

Buyers (Bids)

No. Vol. Price($)
1 15017 $1.74
 

Sellers (Offers)

Price($) Vol. No.
$1.74 1005 1
View Market Depth
Last trade - 16.10pm 08/08/2024 (20 minute delay) ?
KAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.