The Bull Share Tips – 3 August 2020
Jabin Hallihan, Morgans
BUY RECOMMENDATIONS
Karoon Energy (KAR)
Chart: Share price over the year
The company has successfully revised its agreement with Petrobras to acquire the Bauna oil field in Brazil. We believe KAR has struck favourable terms, as cash flow from January 1, 2019 will be deducted from the purchase price. Also, contingent instalment payments are linked to the oil price until 2026. The terms significantly de-risk the transaction and underpin our $1.50 share price target. The shares closed at 73 cents on July 30.
https://thebull.com.au/18-share-tip...mp;utm_term=0_27a4a54d92-93b0f09426-266275945
Ann: June 2020 Quarterly Report and Appendix 5B, page-30
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Last
$1.90 |
Change
-0.005(0.26%) |
Mkt cap ! $1.518B | |||
| Open | High | Low | Value | Volume |
| $1.93 | $1.94 | $1.87 | $17.25M | 9.095M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 146765 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 120815 | 2 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.89 |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| $1.92 | $1.94 | $1.87 | 1276151 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| KAR (ASX) Chart |