"Does anyone really feel this deal is better than the aborted IPO?"
It's not even half as good as the spin off initially planned on the Bovespa, but in reality the game has changed. Global economy is uncertain, and the big players are looking to divest alot of non core projects, not take on more exploration risk and costs.
Simply a cyclical deal. The IPO was probably overvalued at that time, like most stocks. I believe it was $770 mil for 40% of Brazil, so yes ofcourse it's better than the $180 mil (possibly $250 mil) for 35%. That said the farm in does lower KAR's risk profile a little bit.
- Forums
- ASX - By Stock
- brazil !!!
"Does anyone really feel this deal is better than the aborted...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KAR (ASX) to my watchlist
|
|||||
Last
$1.83 |
Change
0.015(0.83%) |
Mkt cap ! $1.466B |
Open | High | Low | Value | Volume |
$1.86 | $1.86 | $1.82 | $9.850M | 5.367M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 38837 | $1.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.84 | 22163 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 28077 | 1.830 |
3 | 63466 | 1.825 |
6 | 45104 | 1.820 |
1 | 5493 | 1.815 |
2 | 5533 | 1.810 |
Price($) | Vol. | No. |
---|---|---|
1.845 | 27947 | 3 |
1.850 | 148009 | 10 |
1.855 | 79234 | 8 |
1.860 | 315116 | 13 |
1.865 | 5993 | 2 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
Featured News
KAR (ASX) Chart |