I'd say we have good news! All the previous negativity, including the now infamous "inconclusive" we just released. Furthermore the testing programs is ongoing, different horizons . . . so the fact they had to enter a halt to announce this is a good start imo.
The wally that said we had a sell-off on high volume yesterday sounds medicated. The sell of was across the O&G sector, and KAR's volume was unremarkable.
With bad news at P-2 almost priced into the shareprice, on good news we are looking at well above $10, given Kronos is next!
i say good news
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Last
$1.76 |
Change
0.025(1.44%) |
Mkt cap ! $1.412B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.79 | $1.75 | $6.040M | 3.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20933 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 350 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |