Looks like I was right. Oil will probably stay in this general range as there will be damage to some of Iran's oil infrastructure but $125 oil won't eventuate.
The question now is: how will the Iran government survive such an abject humiliation? If it doesn't, will its replacement be any better (it usually isn't but we will see).
Either way, Karoon will still have a ridiculous P/E.
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Last
$2.03 |
Change
0.045(2.27%) |
Mkt cap ! $1.502B | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.10 | $1.99 | $19.04M | 9.373M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 47659 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 14500 | 2 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| KAR (ASX) Chart |