The key to the sale is that KAR is seeking a new venue partner. Once the $15 million purchase goes through, I am sure they could sell 50% to an unstressed buyer for $100m or more. Suddenly the venture looks good for KAR shareholders.
Gathering 5% support to call a General meeting, page-11
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Last
$1.51 |
Change
-0.085(5.33%) |
Mkt cap ! $1.211B | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.59 | $1.49 | $11.13M | 7.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19893 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 140180 | 7 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |