Stashie
The point is that no-one "knows" what KAR has at this point in time (not even KAR). Hence the "big boys" cannot come in with a full and fair offer.
All they could do at the moment is try an opportunistic low offer, to de-risk their position and maximize the upside.
For KAR shareholders, that is clearly not the optimum outcome. Not by a long way.
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KAR
karoon energy ltd
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1.84%
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$1.87

StashieThe point is that no-one "knows" what KAR has at this...
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Last
$1.87 |
Change
-0.035(1.84%) |
Mkt cap ! $1.367B |
Open | High | Low | Value | Volume |
$1.89 | $1.90 | $1.86 | $1.863M | 992.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 41499 | $1.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.87 | 24238 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 40987 | 1.860 |
16 | 42601 | 1.855 |
19 | 106624 | 1.850 |
15 | 115965 | 1.845 |
9 | 22344 | 1.840 |
Price($) | Vol. | No. |
---|---|---|
1.865 | 17452 | 10 |
1.870 | 50649 | 19 |
1.875 | 43827 | 17 |
1.880 | 134304 | 11 |
1.885 | 55644 | 9 |
Last trade - 11.57am 10/07/2025 (20 minute delay) ? |
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KAR (ASX) Chart |