KAR 1.44% $1.71 karoon energy ltd

Just going on basic maths under valuation is a massive...

  1. 1,722 Posts.
    lightbulb Created with Sketch. 62
    Just going on basic maths under valuation is a massive understatement. Just doing one simple sum tells you where our end game may be. Currently karoon has a market cap of approx 1 and a quarter billion$, in may this year woodside sold about 14% of a browse basin project with an estimated 15.5 tcf reserve for 2 billion dollars, assuming with todays announcement our browse reserve is at least half that (say 8tcf) and we own 40% that gives our browse stake a valuation of nearly 3 billion dollars (sold as is once 8tcf is confirmed). Then as bs etc have espoused Brazil and maybe Peru will make browse look like small change, I repeat my statement from a year ago when we hit $20 I may consider selling.
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
(20min delay)
Last
$1.71
Change
-0.025(1.44%)
Mkt cap ! $1.373B
Open High Low Value Volume
$1.73 $1.73 $1.70 $6.655M 3.884M

Buyers (Bids)

No. Vol. Price($)
1 40998 $1.71
 

Sellers (Offers)

Price($) Vol. No.
$1.72 77392 2
View Market Depth
Last trade - 16.10pm 22/08/2024 (20 minute delay) ?
KAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.