it seems proven oil reserves are 34 m barrels, which suggest 10 years of production at current rates, which is almost a billion cash flow over 10 years, but why were KAR able to buy for so cheap, even with the contingent amount of $285m, total under $600m?
thanks
it seems proven oil reserves are 34 m barrels, which suggest 10...
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Last
$1.88 |
Change
-0.055(2.84%) |
Mkt cap ! $1.509B | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.88 | $1.84 | $16.72M | 8.961M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 271337 | $1.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 56082 | 6 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |