I also noticed that the company is burning cash and has negative operating Cash Flow.
There is also a Going Concern note at the annual report.
In case, KAR does not find a JV partner for Santos and Tumbes, how close is the bankruptcy risk ?
How long will the cash from Carnarvon and Browse JV last?
TIA
First Oil and 2P Reserves - When ?, page-2
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Last
$1.83 |
Change
0.050(2.81%) |
Mkt cap ! $1.466B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.84 | $1.79 | $8.392M | 4.606M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6282 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 79500 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| KAR (ASX) Chart |