Yes this has also surprised me in the past (few years) given how KAR has traded. Perhaps WPL don't see any value in Santos assets/ aren't as interested in the undrilled deep water stuff. I had thought they were keen on assets in the region but perhaps they don't want anything that is not 2P? As you say they could easily wrap up a big stake of KAR (if not an outright t/o) on the cheap.
No good news story, page-9
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Last
$1.80 |
Change
0.035(1.98%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.83 | $1.78 | $12.59M | 6.979M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 41814 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 46131 | 2 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| KAR (ASX) Chart |