The lights seem stuck on amber as we wait for news on Maruja and the Brazil IPO. We may get some interim support from a rising oil price which posters on gold eagle suggest may rise to mid 90s by next week( gold-eagle Nov5) & that an oil breakout is a " fait accompli".
I keep in mind articles in the weekend Sydney Morning Herald recently by Greg (Smart Investor).
The central theme was that there were too many small companies in Oz exploring for gas and hardly any that had a good chance of finding signifigant oil. Karoon is well placed to fill the gap .( Greg's picks were a couple of alsorans on the local scene).
maruja prospect, page-14
Add KAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.38 |
Change
0.000(0.00%) |
Mkt cap ! $1.057B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.38 | $1.35 | $2.012M | 1.473M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 39609 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 693 | 1 |
View Market Depth
| Last trade - 13.11pm 12/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |