Seems to me KAR was deeply oversold an is now bouncing back hard
Only a few sessions back it was low 120s now 140s a significant jump
On cash alone KAR should be north of 2 dollars not to mention no debt an significant discoveries
It really is takeover fodder down here I think KAR has begun a very rapid recovery process here this stock can run very hard
Im sure once picked up on traders scanners the price will increase very cheap play under 1.50 good trade here of my 1.28 buy in looks the business for 1.60'plus ST.
KAR about to bolt
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Last
$1.73 |
Change
0.035(2.06%) |
Mkt cap ! $1.389B | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.74 | $1.70 | $5.238M | 3.039M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43788 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 167523 | 5 |
View Market Depth
| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |