And that's the problem I think. A one off payment is annoying but does the surprise nature of this mean that sovereign risk in Brazil just increased?
Does the big end of town adjust the discount rate higher bringing the valuation lower?
Annoying development just when I thought this could break out to the upside on the next drill.
Ann: Temporary Brazilian crude oil export tax announced, page-11
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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 |