I suspect Wellington and or Paradice are lending their stock out to shorters.
I rang the company a while back to find out what the hell was going on and they supposedly are not privy to info re which of their shareholders has lent their stock out.
Given there are currently around 4.2 m shares sort sold on a cumulative basis, it doesn't take a genius to work out who it is.
Has anyone else spoken to the company at all?
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KAR
karoon energy ltd
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$1.93

a rock and a hard place, page-4
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Last
$1.93 |
Change
0.025(1.31%) |
Mkt cap ! $1.415B |
Open | High | Low | Value | Volume |
$1.92 | $1.94 | $1.89 | $6.609M | 3.449M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45504 | $1.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.94 | 80804 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300 | 1.900 |
1 | 15090 | 1.890 |
1 | 14890 | 1.875 |
5 | 11672 | 1.870 |
3 | 25280 | 1.860 |
Price($) | Vol. | No. |
---|---|---|
1.940 | 80804 | 2 |
1.945 | 20000 | 1 |
1.950 | 24273 | 6 |
1.970 | 1000 | 1 |
1.980 | 2850 | 1 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
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KAR (ASX) Chart |