ive been in and out of this with reasonable success and after participating in the last cap raise i decided to bail at the $10
i am now back in buying up over the last three weeks
CNOC now with drilling program locked in and commitment to spend $500M in the browse is just too good to miss at these levels
Brazil is still in early phase but as many posters here have pointed out, represents significant upside if a) they find a farm in major or b) they have some exploration success.
having a look at the chart as well I think that $5-6.00 was still fair value considering all the regulatory delays and such but $3-4.00 is nothing short of a bargain
recent off loading of stock IMHO has presented a fair bit of oversold shares for those willing to take the risk..
kar - cheap as chips with huge upside, page-2
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Last
$1.87 |
Change
-0.005(0.27%) |
Mkt cap ! $1.498B | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.88 | $1.86 | $5.061M | 2.710M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25493 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 54387 | 4 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |