Yes, I have wasted a lot of time in Karoon (small amount). But When they got Bauna, I went in hard. I think they are a very different company now compared to what they were 10 years ago.
Fair points in your other comments. I would be surprised if they go for another asset. Yes, I don't agree that their STI bonus should now linked to acquiring another asset. They have too much on their hand now (repairing Buana and exploring Who Dat), to be going for another acquisition. Maybe I am wrong, but the impression I got from the management is that are conservative, under promise and over delivers. I suspect the increased debt capacity was for working purposes (developing Neon, exploring Who Dat). We shall see in due time.
I hope that there is exploration success in Who Dat (this quarter), and repair success in Bauna (term 3). And maybe a dividend after that.
Yes, I have wasted a lot of time in Karoon (small amount). But...
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Last
$1.84 |
Change
-0.060(3.17%) |
Mkt cap ! $1.478B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.91 | $1.84 | $10.33M | 5.566M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 73825 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.85 | 33331 | 2 |
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| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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$1.84 |
Change
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| Open | High | Low | Volume | ||
| $1.91 | $1.91 | $1.84 | 1164759 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| KAR (ASX) Chart |