Not exactly sure why you would use PEP11 results as a comparison to what could happen to Karoon price on a no find. PEP11 was a wildcat drill in an unexplored area, Karoon have already found the gas, this is just to find out exactly how big the find is.
We all know what will happen to the share price if the first well is dry, however I think it is wrong to suggest that it will be a similar result as MMR.
looking good, page-8
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Last
$1.40 |
Change
0.015(1.09%) |
Mkt cap ! $1.087B | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.40 | $1.36 | $5.052M | 3.671M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 279 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 45671 | 6 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |