Assuming Posiedon is only 5 TCF with a liquids yield of only 9.5bbl/mcf and therfore not viable as a standalone LNG development,KAR should still sell it's 40% for $700m or $3.80 /sh. With plenty of interest. Which makes KAR'S South American assets worth $2/sh
No wonder why Bob wants to seperate o/s venture.
See ipsy got a thumbs up, must be a newby to hot copper, miracles do happen.
Keep the faith Go the Gas
mqg researh:pessimism priced in, brazil is not, page-3
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Last
$1.83 |
Change
0.050(2.81%) |
Mkt cap ! $1.466B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.84 | $1.79 | $8.392M | 4.606M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6282 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 79500 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| KAR (ASX) Chart |