New to this forum. Fact is with the Origin deal only strengthened on the back of today's announcement. The value proposition is now in the other assets which are only currently attributed as circa $200M. The risk would appear to be skewed to the upside. The shorters continuing to come in may be averaging on positions taken closer to $3 but at some point they will have to cover as it would take a market correction in my opinion to drive them into profit so if the SP does drop look for a platform of buying as the shorters close out. All the analysts are calling $5-7 but I think if you have entered as I have at just over $3 a reasonable and realistic target to exit is $4-4.50 in the next couple of months.
New to this forum. Fact is with the Origin deal only...
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Last
$1.74 |
Change
-0.055(3.06%) |
Mkt cap ! $1.394B | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.90 | $1.74 | $19.55M | 10.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 52784 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 5000 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |