And an interesting comment from Stephen Bartholomeusz in BS.
http://www.businessspectator.com.au/article/2014/6/2/dataroom/origin-digs-deep-gas-dominance?utm_source=exact&utm_medium=email&utm_content=778494&utm_campaign=cs_daily&modapt=
He's mainly looking at it from origins perspective but this bit stood out - I'm paraphrasing here:
KAR only wanted to sell 20% of Browse but Origin was only interested in the full 40% to ensure it had leverage with COP. FID is unlikely until the end of the decade (KARs next 75m) and production unlikely before mid next decade (another 75m plus 50m depending on reserve size). So the next 200m are unlikely to be of great value (hopefully KAR is earning for Kangaroo by then!)
after the dust settle, page-7
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Last
$1.90 |
Change
0.010(0.53%) |
Mkt cap ! $1.523B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.91 | $1.88 | $8.431M | 4.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 57900 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 141847 | 6 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |