kar current low stock price , page-2

Fritz, allow me.

Many uninformed share holders dumped their shares when the flow rates for P2 were shown to be non commercial. P2 was never meant to be a gusher however, most "punters" and analysts don't follow their stocks closely enough and don't understand market releases therefore remaining blissfully unaware that P2 achieved ALL of their objectives and more.

After P1 failed to test flow rates, K1 was always going to be the well associated with flow rates. This well will be extremely important for KAR in terms of their Poseiden venture, commercial flow rates are vital. The discounted share price is directly attributable to this fact as many now perceive the risk to be significantly higher than before, ignorance is bliss.