I believe they miscalculated on the value in the article. At 1 billion barrels of oil in SA it makes KAR worth a lot more than $1.6 billion dollars. A lot more. And that does not include the Browse or the new block we just got.
"Karoon may be sitting on almost 1 billion barrels of oil. Together with fields in Peru, these untapped South American assets alone are worth $1.6 billion, 35 percent more than Karoon’s market value yesterday, said Macquarie Group Ltd. No peer in the developed Asia-Pacific region is projected to gain value faster."
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$1.74 |
Change
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Mkt cap ! $1.392B |
Open | High | Low | Value | Volume |
$1.72 | $1.75 | $1.71 | $7.053M | 4.078M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 39767 | $1.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.74 | 75739 | 58 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 59932 | 1.735 |
28 | 174118 | 1.730 |
15 | 104512 | 1.725 |
21 | 212395 | 1.720 |
15 | 358723 | 1.715 |
Price($) | Vol. | No. |
---|---|---|
1.740 | 53470 | 55 |
1.745 | 154296 | 31 |
1.750 | 141168 | 15 |
1.755 | 111654 | 12 |
1.760 | 94672 | 9 |
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