On the back of this the karoon share price has fallen by $00.05. After all, the news that the oil discovery is as big as expected, that logs etc were successful, that porosity is ok to good, that the discovery is most likely commercial etc etc. Add to this that the latest announcement is clear and has a lot of technical information that we wanted and of course the share price falls. Perhaps the market is too busy investing in electric cars....
After a fall like this in Kar perhaps the 35% shareholder will be swamped in the rush to buy shares?
On the back of this the karoon share price has fallen by $00.05....
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Last
$1.74 |
Change
0.035(2.06%) |
Mkt cap ! $1.392B | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.75 | $1.69 | $10.79M | 6.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35050 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 15017 | 2 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |