100 % in agreement.
Oil ain't oil, Cash ain't Cash
It seems that the pile of cash, more than $500 m of real hard cash is not value or recognise by the market due to inept management.
From what I can see, the best thing to happen for KAR;
1) Take over from any of the big boys and put the money to good use.
2) The inept management dissolve the company and distribute the CASH and the $ put in good use by the SHs themselves
3) Complete board overhaul; more business savvy people running the joint
Otherwise, the frustration will continue, the leeches chumping off month after month, year after year with nothing to show for.
Question: What will the management do with the Brazilian asset if the POO stay at this level for the next couples of years.
Answer : Continue the "Hibernation" and keep chumping
Dog, page-2
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Last
$1.81 |
Change
-0.030(1.63%) |
Mkt cap ! $1.446B | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.85 | $1.78 | $8.678M | 4.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5319 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 36852 | 3 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |