I think the main reason for the sell off is that KAR is just a leveraged play at the USD : AUD exchange rate. AUD is strengthening last few weeks so its a normal pull back.
Looking to enter here at these levels.
Short mine life assets have given me extremely good returns in the last few years as commodities are ripping higher. They will find further resources in the drilling exploration later this year.
Ann: TY23 ASX Release & Investor Presentation, page-38
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Last
$1.48 |
Change
-0.050(3.28%) |
Mkt cap ! $1.178B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.52 | $1.47 | $7.100M | 4.781M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 157193 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 161262 | 20 |
View Market Depth
| Last trade - 12.53pm 27/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |