Swanny, disappointment comes with the implied value of santos assets bs the KEI IPO previously mooted. Glad 2 see a deal done and drilling underway & good to retain 65% of upside. Extra 40m cash to balance sheet also v handy for pre drill work in Peru although not a hefty premium for all the work done by KAR to date. Hopefully the third farmin well does get taken up & a quick path realized to monetize any find. Does anyone really feel this deal is better than the aborted IPO?
Browse flow test needed nOw to drive SP until dolphin becomes available. Hopefully still Nov not 2013!
Unlike some of the ST rampers Ive been in since pre browse and continue to hold with a longer term view - still would have liked to see KAR extract a little more from this deal..
Swanny, disappointment comes with the implied value of santos...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.83 |
Change
0.060(3.40%) |
Mkt cap ! $1.458B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.83 | $1.78 | $4.910M | 2.714M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 44804 | $1.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 46885 | 17 |
View Market Depth
| Last trade - 11.53am 26/06/2024 (20 minute delay) ? |
| KAR (ASX) Chart |