KAR 1.11% $1.78 karoon energy ltd

Hi haroldparsnip,I agree with you ,i doubt kar will do a cap...

  1. 1,325 Posts.
    Hi haroldparsnip,

    I agree with you ,i doubt kar will do a cap raising whilst the sp is low .

    even so if we did have to raise at these levels, we have a relatively small number of shares out there and i doubt the dilution would have to much of an impact .

    Brazil float may also offer up a pot of gold that will go into the coffers, which may ease the burden for a big cap raising here .

    we will see the type of deal that can be struck with a jv ,data room must be buzzing now.

    Next 6 monthS will be good i feel, as long as the double dip recession theory doesn t happen otherwise it will be a long slow climb .

    Long term is solid .




 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
(20min delay)
Last
$1.78
Change
-0.020(1.11%)
Mkt cap ! $1.426B
Open High Low Value Volume
$1.79 $1.80 $1.76 $7.106M 4.003M

Buyers (Bids)

No. Vol. Price($)
3 15683 $1.78
 

Sellers (Offers)

Price($) Vol. No.
$1.78 25444 2
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
KAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.