Kar is definately not for the feint hearted, although I dont know you personally, I know there is some very educated people out there. My question is this. What's peoples perspective for the short term with this stock, ie the potential for the rest of 2011?
I've always been solid on Karoon, but we hit our 52 week low today, and with everything going on in the world, especially America, EU, and their markets, can Kar rise above this?
I was lucky enough and found this company at an average price of $3 ps (size of holding is irrelevant, but its enough to make life comfortable.) I understand there has to be a lot of people who are in the red at the moment who have to be wondering the same thing as me. (I'm not a trader, more an investor, and originally planned to stay in Kar till production and longer)
Other than than our "wonderful (insert expletives) government" who are dragging their feet are there any other factors that could stop the SP from recovering?
Is it better to go to cash and sit on the side lines or (as I feel) have I already missed that boat, and should ride it out as in the past?
After writing this I think what I'm trying to say is I have 100% faith in Kar and the management team, I'm just now not sure about the strength of the asx, and the world markets. I understand that because of the small amount of shares, any movement is generally big in either direction.
If you have the time, please post your thoughts. I for one would like to read them.
(I had better press post before my house gets blown away and I loose my internet connection)
- Forums
- ASX - By Stock
- focus on rising oil not falling gas.
Kar is definately not for the feint hearted, although I dont...
-
- There are more pages in this discussion • 4 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
$1.73 |
Change
0.155(9.84%) |
Mkt cap ! $1.387B |
Open | High | Low | Value | Volume |
$1.62 | $1.75 | $1.61 | $21.88M | 12.84M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 412554 | $1.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.74 | 38023 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3316 | 1.715 |
1 | 6463 | 1.710 |
1 | 6463 | 1.705 |
4 | 112524 | 1.700 |
1 | 6463 | 1.695 |
Price($) | Vol. | No. |
---|---|---|
1.740 | 6463 | 1 |
1.745 | 7064 | 2 |
1.750 | 157463 | 7 |
1.755 | 6463 | 1 |
1.760 | 10163 | 3 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
KAR (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online