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
$1.57 |
Change
0.025(1.62%) |
Mkt cap ! $1.223B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.59 | $1.54 | $9.146M | 5.853M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 119714 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 23710 | 2 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |