bart...it is big money flows mate.
Just like the size and volume when it was being crushed.
I think i stated that the Mum's and Dad's had been frightened out of KAR ages ago - and volumes got bigger and bigger.
I think from around the 22 /06 til about early August i was sort of doing a running commentary of volumes being around 90 million shares having being rorted ( new word for traded) at that stage and we had 0 change in Top 20.... needless to say since say August to now you could ad another 20+ million if not more to that figure and still no change to Substantial Holdings.
There is no doubt this rorting is perpetuated by the big guys ; however i also see your point...surely some funds must want to dip their toe in the watrer with KAR due to proximity of drill not to mention the enormous upgrade from under one billion BOE to 1.995 BOE P-90 in Brazil and the added P-90 660 million BOE in Peru that only hit market in October Review.
Loads of money looking for a home but it will remain super cautious given World conditions....as Jimmy keeps saying be the first to drill when we are coming out a recesionary hole and happy days...just hope we are but still worried about the World KAR will be fine...how that translates to SP who knows if we make a major find!
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Last
$1.77 |
Change
-0.005(0.28%) |
Mkt cap ! $1.420B |
Open | High | Low | Value | Volume |
$1.79 | $1.80 | $1.76 | $6.200M | 3.491M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8844 | $1.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.78 | 45424 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8844 | 1.770 |
6 | 114449 | 1.765 |
8 | 43042 | 1.760 |
3 | 80735 | 1.755 |
12 | 92630 | 1.750 |
Price($) | Vol. | No. |
---|---|---|
1.775 | 45424 | 1 |
1.780 | 112088 | 4 |
1.785 | 70853 | 3 |
1.790 | 15030 | 3 |
1.795 | 55782 | 5 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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KAR (ASX) Chart |