If this tax becomes permanent it will cost KAR nearly 100m+ AUD / year on current volumes, yet alone any ramp up. All of the cream!
Also defers future capital investment decisions and significantly devalues everything they have.
It is a screaming sell to me, way too risky, government will almost certainly extend the tax. I'm out of this morning.
Ann: Temporary Brazilian crude oil export tax announced, page-19
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Last
$1.74 |
Change
0.005(0.29%) |
Mkt cap ! $1.408B | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.78 | $1.73 | $6.407M | 3.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 231299 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 91282 | 73 |
View Market Depth
| Last trade - 15.12pm 08/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |