I wouldn't worry about this price, or the 100k offer. I spoke to some hedgefunds in EU/US overnight, they will be looking at adding this for risk/reward based on the binary outcome.
All comes down to the court case outcome -> if we win -> $3+, if we lose $1.40-1.50 support. risk/reward is in our favour at these levels. Tribeca who bought a lot at 2.40-50 wont be happy but that is how the cookie crumbles.
PB
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KAR
karoon energy ltd
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1.31%
!
$1.93

All comes down to this., page-7
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Last
$1.93 |
Change
0.025(1.31%) |
Mkt cap ! $1.415B |
Open | High | Low | Value | Volume |
$1.92 | $1.94 | $1.89 | $6.609M | 3.449M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45504 | $1.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.94 | 80804 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300 | 1.900 |
1 | 15090 | 1.890 |
1 | 14890 | 1.875 |
5 | 11672 | 1.870 |
3 | 25280 | 1.860 |
Price($) | Vol. | No. |
---|---|---|
1.940 | 80804 | 2 |
1.945 | 20000 | 1 |
1.950 | 24273 | 6 |
1.970 | 1000 | 1 |
1.980 | 2850 | 1 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
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KAR (ASX) Chart |