In line with the UBS report, the latest Bell Potter report dated yesterday says in part:
"Valuation Our 12-month share price target of A$11.57 is based on a Poseidon-backed NAV of A$7.00, plus A$4.57 (risked) for South American exploration assets and our estimated value of a 54 mmbbl discovery at Maruja (KAR 20%)."
All we all have to do is hang on now & to ride out the volatility, but volatility is nothing new for Karoon. I don't expect drama re the environmental data & the news out of Brazil for us & our near neighbours just gets better every day.
happy days, page-5
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Last
$1.74 |
Change
-0.060(3.34%) |
Mkt cap ! $1.393B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.78 | $1.71 | $10.73M | 6.209M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7057 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 74166 | 5 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |