KAR 1.27% $1.94 karoon energy ltd

The Bull Share Tips – 3 August 2020 [IMG] Jabin Hallihan,...

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    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
 
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Last
$1.94
Change
-0.025(1.27%)
Mkt cap ! $1.554B
Open High Low Value Volume
$1.95 $1.97 $1.92 $10.36M 5.319M

Buyers (Bids)

No. Vol. Price($)
8 82294 $1.94
 

Sellers (Offers)

Price($) Vol. No.
$1.94 1610 1
View Market Depth
Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
$1.95
  Change
-0.025 ( 2.05 %)
Open High Low Volume
$1.94 $1.97 $1.92 2682586
Last updated 15.59pm 26/04/2024 ?
KAR (ASX) Chart
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