To me the investment is not worth it at face value.
747m US and the returns seem marginal.
There simply are better opportunities about especially in a world of rising interest rates and US in a bit of a pickle with citizens having issues and massive debt issues in USA.
At least with Brazil the valuations are off a low base which reduces risk and the potential upside considering other possibilities is far higher.
I can see why LLOG is selling, put it that way and KAR is getting bigger but that makes it less nimble, complicated with more debt and other hurdles to navigate as well. KAR becomes less of a POD and simply in a basket of companies which are vulnerable to particular market movements will love depending on how they want to manipulate it
Some institutions and executives will like it but others could run for better opportunities. It seems some will not let KAR get off the ground from its own development and success. In a way KAR is losing autonomy and robustness from separation so certain investors will look for other vehicles instead to create wealth and prosperity
The 2.05 from 2.70 is a way to attract investment as well for the simples, but KAR is a different beast. If the shit hits the fan, KAR has less ability to seize the moment now
- Forums
- ASX - By Stock
- KAR
- Ann: Acquisition of Interest in GOM - Investor Presentation
Ann: Acquisition of Interest in GOM - Investor Presentation, page-33
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add KAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.65 |
Change
0.035(2.17%) |
Mkt cap ! $1.281B |
Open | High | Low | Value | Volume |
$1.68 | $1.69 | $1.63 | $12.23M | 7.389M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 228084 | $1.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.65 | 78806 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 110097 | 1.640 |
1 | 3000 | 1.635 |
4 | 32619 | 1.630 |
2 | 7211 | 1.625 |
7 | 20846 | 1.620 |
Price($) | Vol. | No. |
---|---|---|
1.655 | 7904 | 2 |
1.660 | 6104 | 1 |
1.665 | 6104 | 1 |
1.670 | 40094 | 4 |
1.675 | 6104 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
KAR (ASX) Chart |