I wouldn t worry about ML placing a neutral on karoon it make perfect sense .
We are about to hit the target interval, from here on in no one knows the results yet ,so the buy which was advised is no over as the run up to the current sp and target interval depth has been reached .
They will change from neutral to strong buy or sell in a few weeks .
i hope a strong buy : )
As for blind faith i doubt anyone has that ... just fully informed ..your either holding or selling ,i believe the future is bright for kar, alot on the horizon ,so i am willing to hold my stock in karoon .
cops giant discovery in the browse described in their words , supported by their large investment $100,000,000 to continue exploration and appraisal work .excellent results from p1 and p2 .
add to that the massive interest 25 + companies in karoons brazil farm in, why wouldn t you hold .
almost 3% down before announcement, page-22
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Last
$1.83 |
Change
0.050(2.81%) |
Mkt cap ! $1.466B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.84 | $1.79 | $8.392M | 4.606M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6282 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 79500 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| KAR (ASX) Chart |