"Big upgrade by Macquarie in oil deck - therefore all stock target prices rise. Karoon +17% share price target to 3.47."
Its funny to see the above quote on a thread which began 19 months ago (and is so titled) as:
"Macquarie says karoon valuation is 5.15 if oil remains @ 100."
The big Instos have no interest in doling out free advice. They keep their real financial advice for their paying customers ... of course.
Macquarie says 5.15 if PoO is at ~$100. Here we are and now they say 3.47. Karoon has ticked so many boxes in the past 19 months.
It reminded me of a Jamie Dimon (JP Morgan boss) speech some 16 months ago:
He suggests the PoO will run to $180. Recently JP Morgan has spoken of the PoO to reach $150:
https://oilprice.com/Latest-Energy-News/World-News/JPMorgan-Analyst-Sees-Energy-Supercycle-With-Oil-As-High-As-150.html
"Big upgrade by Macquarie in oil deck - therefore all stock...
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Last
$1.91 |
Change
-0.010(0.52%) |
Mkt cap ! $1.526B | |||
| Open | High | Low | Value | Volume |
| $1.93 | $1.94 | $1.90 | $10.10M | 5.294M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 135536 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 31632 | 2 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$1.90 |
Change
-0.010 ( 0.84 %) |
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| Open | High | Low | Volume | ||
| $1.92 | $1.94 | $1.90 | 861566 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| KAR (ASX) Chart |