the sellers still the buyers ?, page-10

let me try answer (but I cant guarantee) but im pretty sure

The market have a clear indication the share is undervalued..
This is 100% of 100% people that knows how to calculate the REAL value of a share.

But you know..the market has different timmings..

Few weekls ago the market in general reacted going from around 4.100 to 4,400. Kar is in asx 200.
Unless bad news no reason for not following.. mainly beeing undervalued.

The market begin escalate and grow and came a good new... The submerse equipment is good ready and came back to work

Just few days later... well well... they discover indication of presence of gas...

Just a insignificant number of people was trying to preassure the share down (or to buy ,or because they didnt believed)..
The result is that people at that stage built a huge loss

Sincerelly I dont beleive they are so enthusuastic to insist in their enterprise...The deph of market show less and less power for the "sellers"

In few days its expected to have a better clarification about this gas presence..

If the news comes good(as I sincerelly expect)the share can go to the range 5.50 to 6 in one or two days..

On top of that Brazil is coming close to a deal..(the initial expectation was many mo0nths ago..meaning we are coming more and more close with several candidates)

That deal will put the "zero value" rated at that stage in the Kar price to something like ..? (uhmmm any number I say should be crazy...better just say... with a deal hopefully Kar will increase some good percentage...(I believe if a good deal is strike we jump from 6 to 8 in one single shot )

What is going on ?

Summary ?

Kar is discovering GAS ! and the price is beggining to catch up..