I love a god conspiracy theory Cato...but at this stage not sure this one is much good!
There is no doubt in my mind the SP is being subued but not based on the fields , their value etc...simply the big end of town will be accumulating the shares and that might be US town.
As stated i think Brazil is the reason most of the US finds are in KAR...Browse is a side show albeit a bloody good one.
It will remain in a figure four leg lock until at least definitive tests from Browse are released OR brazil information is available from our neighbor.
You already see on here some say Gas is over priced some talk of the insitu sales in Gas in recent times .... some say this is the real value of the share and this well was factored in.... opinions are like backsides everyone has one and mostly they think their's is right.
Mine is 100% right...this is not the real and true valeu of KAR and i don't give a stuff about perceived value, intrinsic value, factored in success etc..... it is this simple. as already pointed out..if we traded at $6.50 before the find and after the find we trade at $5.80 and the ASX this week touched 14 month high and Oil is over $90 a barrel....there is no other conclusion you could draw..
This Cato bloke actually posts more than Norbeto????
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Last
$1.52 |
Change
-0.050(3.19%) |
Mkt cap ! $1.205B |
Open | High | Low | Value | Volume |
$1.57 | $1.57 | $1.51 | $7.261M | 4.774M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 19115 | $1.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.40 | 95513 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2397 | 1.635 |
1 | 93744 | 1.620 |
4 | 22970 | 1.590 |
1 | 2713 | 1.580 |
3 | 19115 | 1.570 |
Price($) | Vol. | No. |
---|---|---|
1.400 | 95513 | 1 |
1.440 | 28382 | 3 |
1.460 | 12146 | 4 |
1.470 | 59318 | 5 |
1.520 | 63961 | 7 |
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