IMO the main reason KAR would arrange those loan funds would be that they have lined up another asset to purchase. Makes no financial sense to be paying interest for no reason.
Ann: 2024 Second Quarter Report, page-58
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Last
$1.94 |
Change
0.070(3.75%) |
Mkt cap ! $1.553B | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.95 | $1.88 | $21.59M | 11.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 37832 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 8548 | 3 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |