When I asked about how CoS was calculated it was because the very thought of everything going right, but no oil accumulating in a perfect stratigraphic trap. But hey spending $$$m for a chance to go $$$b sounds good in anyone's book. Got to feel it for the long (pre-poseidon sale) termers, don't think the share price will be heading to $4+ anytime soon. However, adjusting perspective and observe things from a lowered base the opportunities are still there.
Company has assets with potential (K-2 production test results anyone?), and the money to prove prospective opportunities. Calm down and look at it rationally, still a good chance to be $3 again. Might not be worth buying at $3+, but at $2 it sure is worth a trade. Albeit much more exposed to the oil price, now that all the hopium is gone with K-W.
The more wells the more chance, as long as its got money to keep on drilling.
- Forums
- ASX - By Stock
- KAR
- Explanation
Explanation, page-6
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KAR (ASX) to my watchlist
|
|||||
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. |
---|---|---|
$1.74 | 15017 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35050 | 1.730 |
9 | 112634 | 1.720 |
4 | 48358 | 1.715 |
4 | 35924 | 1.710 |
1 | 6104 | 1.705 |
Price($) | Vol. | No. |
---|---|---|
1.735 | 15017 | 2 |
1.740 | 6104 | 1 |
1.745 | 112990 | 5 |
1.750 | 81882 | 6 |
1.755 | 30298 | 2 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
Featured News
KAR (ASX) Chart |