While this is very disappointing and assuming Bauna doesn't have structural issues KAR is oversold. Near term clarity needs to sought with respect to the core issue here. The presentation didn't explicitly state increased decline rates. In the event that there isn't structural issues the core value or GOM assets and Brazilian cash-flow is being discounted by the market over the medium term.
While this is very disappointing and assuming Bauna doesn't have...
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 (20min delay)
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Last
$1.91 |
Change
0.020(1.06%) |
Mkt cap ! $1.530B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.96 | $1.91 | $9.330M | 4.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 103998 | $1.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 29475 | 5 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.92 |
Change
0.020 ( 0.91 %) |
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| Open | High | Low | Volume | ||
| $1.92 | $1.96 | $1.91 | 1808462 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| KAR (ASX) Chart |