With the information available at the moment there is a bit for those that want the price to go down and there is a bit for those that want it to go up.
This quote from the Bloomberg article gives each party an argument to make:
"Testing to evaluate the field, including gas flow rates, is set to continue through Jan. 18, Scott Hosking, secretary at Mt. Martha, Victoria-based Karoon, said by phone today."
"Its not that we are writing it off, and its not that we are saying its great, he said. Were just saying we dont know whats going on down there and were trying to find out."
recent gloom, page-24
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Last
$1.76 |
Change
0.025(1.44%) |
Mkt cap ! $1.412B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.79 | $1.75 | $6.040M | 3.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20933 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 350 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |