Australia's largest stock trading and investment forum Australia's #1 stock forum

KAR

Click for more information

1.39%

$1.83 karoon energy ltd

Yep great buying ATM....... You wont miss 10c.

First 47 Last

Share
Profile

Follow
stevo

12,797 Posts.

569

24/06/24

16:49

Post #: 74463793
Share

Originally posted by McQuade: ↑

I bought 40% more today. Now quite a large position.
I really do think on a cash flow basis the stock is great value and that value has been created by mismanagement. From the pre cap raise crash, to the price paid, to the production downgrade and to the disdain shown to shareholders. Add to that probably tax loss selling to exacerbate the weakness.
What’s next? Unless there’s left field events yet to unfold I reckon most of the badness is behind us. Production back on, June 30 end of tax year, dividend announcement in July, and cash flow gushing in. I’d like to have bought this last lot 10c cheaper but the bounce off that is encouraging.
Dyor. And good luck.

Expand

Yep great buying ATM....... You wont miss 10c.

KAR Price at posting: $1.73 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

MSB

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

SPR

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

OCC

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

PL3

Patagonia looks to raise $2.15M for South American exploration and development

TLS

Telstra to boost phone plan prices despite inflation – and despite claiming they wouldn't 2 months ago

There are more pages in this discussion • 2 more messages in this thread...

First 47 Last

Add KAR (ASX) to my watchlist

(20min delay)
Last $1.83		Change 0.025(1.39%)		Mkt cap ! $1.468B

Open	High	Low	Value	Volume
$1.82	$1.84	$1.78	$4.796M	2.640M

Buyers (Bids)

No.	Vol.	Price($)
27	64082	$1.83

Sellers (Offers)

Price($)	Vol.	No.
$1.83	40610	20

View Market Depth

No.	Vol.	Price($)
28	63698	1.825
18	88070	1.820
21	187894	1.815
15	351576	1.810
9	46240	1.805

Price($)	Vol.	No.
1.830	39110	19
1.835	78280	34
1.840	98521	16
1.845	129870	14
1.850	45137	11

Last trade - 12.59pm 09/07/2024 (20 minute delay)

KAR (ASX) Chart