If the first well is dry it will be another MMR/BUY situation....albeit at lower prices....but the % loss would still be huge.
MMR/BUY still have great resource potential with PEP11 in probably the best market area of Australia, but when the first well came up a duster it was all tears.....I can't see KAR being any different on a % basis if they come up dry!!
Yes, they have a few positives, but the market has proven over and over again with KAR that this is a fickle beast!!
I hope they target a low risk hole in the first instance to provide a stable platform for the remaining holes. This is where I think PEP11 went terribly wrong....
- Forums
- ASX - By Stock
- looking good
If the first well is dry it will be another MMR/BUY...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KAR (ASX) to my watchlist
|
|||||
Last
$1.74 |
Change
0.035(2.06%) |
Mkt cap ! $1.392B |
Open | High | Low | Value | Volume |
$1.69 | $1.75 | $1.69 | $10.79M | 6.257M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35050 | $1.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.74 | 15017 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3103 | 1.740 |
6 | 16632 | 1.735 |
3 | 40832 | 1.730 |
6 | 34604 | 1.720 |
2 | 6104 | 1.715 |
Price($) | Vol. | No. |
---|---|---|
1.690 | 480 | 3 |
1.720 | 153 | 1 |
1.740 | 6104 | 1 |
1.745 | 46390 | 2 |
1.750 | 23398 | 3 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
Featured News
KAR (ASX) Chart |