Frog.... Just reinforces what we all already knew and the market has known for ages ( shorters)
It also reinforces KAR itself neither brown or yellow KAR is simply BEIGE and conundrum rolled up in an enigma...
We knew from the update ( drilling approval for first drill early 2016) why did they have to rush to the drill- cos it's simply not commercial at present... Ya the oracle of all said this months ago... Sadly months after the announcement of side tracking which lead him months after that announcement to give us this as his rational of the wells being non commercial.
Release timing shows you what they think also not during the start of the day or the end of trading day-but the middle of the night... As far from the opening of the trading as its proximity to close of trading...
Just like KAR in the middle of farking nowhere.....
Ann: Contingent Resource Volume Update-Santos Basin Brazil, page-4
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Last
$1.53 |
Change
-0.075(4.67%) |
Mkt cap ! $1.192B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.57 | $1.52 | $12.45M | 8.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 350 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 57889 | 3 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |