Swannie,
I hope so.
Apologies for the poor grammar - damn mobile devices and my fat fingers.
Intuition suggests KAR's negotiating position is being eroded by the share price amelioration, correlated, in part, to missed company deadlines.
Difficult to fathom a situation whereby this is reversed quickly.
Strategically the better play getting multi-party interest. Assets of this nature (i.e capital intensive) usually always go up the chain in this game. And for good reason. Better to acquiesce this outcome with a narrow capital base than run the 100 in a hundred Woodside play WHILE raising at ever deteriorating prices (sorry Marwoode but that's clearly on the cards if current business model runs its course).
- Forums
- ASX - By Stock
- only 2nd time in 5 years kar gets below$3
Swannie,I hope so.Apologies for the poor grammar - damn mobile...
Featured News
Add KAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.48 |
Change
0.025(1.72%) |
Mkt cap ! $1.172B |
Open | High | Low | Value | Volume |
$1.48 | $1.49 | $1.46 | $4.698M | 3.195M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7026 | $1.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.49 | 24874 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7026 | 1.470 |
4 | 51672 | 1.465 |
2 | 85603 | 1.460 |
2 | 26001 | 1.455 |
11 | 143722 | 1.450 |
Price($) | Vol. | No. |
---|---|---|
1.485 | 24874 | 3 |
1.490 | 54915 | 4 |
1.495 | 186824 | 4 |
1.500 | 41515 | 4 |
1.505 | 17742 | 3 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
Featured News
KAR (ASX) Chart |