KAR 0.65% $1.90 karoon energy ltd

Good result. Thesis: This pays dividends starting at the...

  1. 1,186 Posts.
    lightbulb Created with Sketch. 214
    Good result. Thesis: This pays dividends starting at the Half-year with $US03c if:

    1) Production doesn't get downgraded (subject to Bauna fix & scheduled maintenance not taking more than 4-6 weeks)
    2) Oil price remains above $70USD
    3) Who Dat Capex can be funded from Who Dat cashflows (this one might end up being key)
    4) No further M&A until CY25 (this also a risk, but considering price performance since recent acquisition, may be some hesitance here)

    The cash position at March 31 & then June 30 will be fascinating.
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
(20min delay)
Last
$1.90
Change
-0.013(0.65%)
Mkt cap ! $1.540B
Open High Low Value Volume
$1.94 $1.96 $1.89 $4.442M 2.314M

Buyers (Bids)

No. Vol. Price($)
34 119817 $1.90
 

Sellers (Offers)

Price($) Vol. No.
$1.90 8626 10
View Market Depth
Last trade - 12.44pm 06/05/2024 (20 minute delay) ?
Last
$1.90
  Change
-0.013 ( 1.27 %)
Open High Low Volume
$1.95 $1.96 $1.89 867133
Last updated 13.02pm 06/05/2024 ?
KAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.