to be fair the Browse sale looks pretty close to miraculous now - it's just that there is no reason for a company with KAR's asset to have that much cash on the balance sheet and to be spending $18m/yr on administration. That seems to benefit management more than shareholders.
Ann: Karoon Acquires Pacific's Interest in Santos Basin Blocks,STO-KAR.AX, page-13
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Last
$1.89 |
Change
-0.030(1.56%) |
Mkt cap ! $1.527B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.91 | $1.88 | $2.095M | 1.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 38015 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 54622 | 25 |
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| Last trade - 11.06am 15/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |