KAR 1.66% $1.84 karoon energy ltd

first drill

  1. 252 Posts.
    Forgive me for being a bit of a newbie with this stock but I just have a couple of questions...

    -Is it correct that the first drill was broken or stuck in the hole?

    -(here is my main question) Is there any viable reason why KAR wouldn't want to release/confirm the results from the first well? i.e. stop drilling prematurely by saying the drill was broken (irrespective of whether it was actually broken)?

 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
(20min delay)
Last
$1.84
Change
0.030(1.66%)
Mkt cap ! $1.472B
Open High Low Value Volume
$1.81 $1.85 $1.80 $3.049M 1.662M

Buyers (Bids)

No. Vol. Price($)
34 58500 $1.84
 

Sellers (Offers)

Price($) Vol. No.
$1.85 236814 38
View Market Depth
Last trade - 15.48pm 03/07/2024 (20 minute delay) ?
KAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.