So the production drop in the 2nd and 3rd week of Jan coincided with share price weakness. Encouraging to see the number bounce back strongly to 25-30k pd in the last week of Jan, including the 51k day.
Karoon is continuing its evolution from "wildcat" offshore explorer in the Browse (LNG, Australia), then Santos Basin (Oil, Brazil), to developer of oil resources to now a multi asset producer. As it matures its only natural that dividends and buybacks should follow in this stage of its journey.
So the production drop in the 2nd and 3rd week of Jan coincided...
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Last
$1.77 |
Change
0.040(2.32%) |
Mkt cap ! $1.414B | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.77 | $1.73 | $9.527M | 5.425M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20961 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 20109 | 2 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| KAR (ASX) Chart |