K1, My understanding of the Insto's is that the index funds are currently underweight in KAR due to the massive risk. If (when) we get great flow rates from P2 we shold see a big de-risking of the company and the index funds will have to buy large chunks of KAR or risk seriously underperforming the index.
This weight of buying should be enough to push the price up considerably despite a lot of traders and mum and dad profit takers.
next report, page-13
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Last
$1.87 |
Change
-0.025(1.32%) |
Mkt cap ! $1.498B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.87 | $1.84 | $8.261M | 4.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5493 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 48154 | 5 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |