think we are looking at 50m oil reserves and 15k oil per day. (Plus 10k gas)
so that brings karoon to 40-45k a day.
which is exciting… I am hoping it’s a right issue and market will like the deal given the current valuation is already depressed. Overall it should bring us to $4 valuation (more inline with peers).
market has obviously been waiting for this so now it’s clean to buy as a oil producer with significant cash return.
PB
Equity raise., page-66
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Last
$1.71 |
Change
0.000(0.00%) |
Mkt cap ! $1.370B | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.75 | $1.71 | $5.830M | 3.388M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 34987 | $1.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 16190 | 3 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$1.71 |
Change
0.000 ( 0.13 %) |
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| Open | High | Low | Volume | ||
| $1.74 | $1.75 | $1.71 | 1063336 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| KAR (ASX) Chart |