Dear friends,
Obvioulsy i dont need stress my "BUY", strong buy position.
That doesnt mean that some days the shares doesnt goes up other goes down like any other share.
Doesn't exist any magic formula to win but exist few consistencies.
KAROON has a 6 brokers positive and their average price target(today) is 8.63
Means we are talking about 37% up. (and the most positive 59% up)
We don't need to be so greedy or look so sharp to the future..(lets cut half and again other half of 37%.
Just one simple question,as simple as "eocene"..
If somebody could come today to you and say..
Man.. invest your money and I'll give to you 10% in the next 30 or 60 days... Will you ?
Means... don't you believe the KAR share will achieve any moment in the next 30-60 days 7.00 ?
If you answer is... no I dont.. I sincerelly understand you should sell... Mainly because to cross to 10 or 8 you must first cross 7. We expect in the next 1 or 2 months have strong and clear indications of 2 big areas like Kangoroo and Poseidon.(and peru is in the early stages)
Always,my decision to invest is linked to
"failure x capability to react"..
that means.. I dislike invest in companies that have 1 or 2 wells... if goes wrong you just loose...and caput !
Its good be in hands of companies with plenty wells plenty areas,plenty regions.. That give also the safety if one goes wrong other can come good and compensate..
This is KAR
A BUY!!!!!!!!!!!!!!!!! company !
Norbert
as simple as "eocene"
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Last
$1.88 |
Change
0.035(1.90%) |
Mkt cap ! $1.502B | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.90 | $1.87 | $10.04M | 5.345M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 60210 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 140038 | 5 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |