Henster & Rurenga - your view seems the simplest & most logical.
Therefore based on current no of shares held, KAR share price should go up by $600m / ~200m Shares Out = ~$3 per share.
Or, once $100m is raised with the current SPP, no of shares held increases by $100m/$7 = ~14m.
Therefore based on projected no of shares held, KAR share price should go up by $600m / ~214m Shares Out = ~$2.70 per share.
Do you agree?
so much for the retrace, page-36
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Last
$1.53 |
Change
-0.075(4.67%) |
Mkt cap ! $1.198B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.57 | $1.53 | $7.892M | 5.096M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 36707 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 54796 | 33 |
View Market Depth
| Last trade - 15.01pm 09/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |