spozzie - are you suggesting the Aussie market does not understand the significance of KAR's announcement, and that the Aussie market did not bid up KAR correctly?
DISTANT COUSINS! That is most unusual! ;)
Maybe the Pacific Rubiales shareholders are simply not as intelligent and sophisticated as Aussie fund managers? ;)
All joking aside, I can not understand why KAR does not get more support from Aussie fund managers... I simply can not fathom how most of them completely missed one of the biggest winners in recent ASX history ($0.20 to $6.00 in less than ten years - maybe it moved too quick for them to analyse and get onto?). It is especially frustrating when I see them clambering to buy into contrived companies run by sleazy shiesters, but I guess the fund managers are too busy getting wined and dined by the aforementioned sleazy shiesters to notice the potential of companies like KAR?
cheers... marwoode p.s. I would love to name and shame a few of the contrived companies run by sleazy shiesters, but my legal team has advised me against it!! lol
KAR Price at posting:
$6.15 Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)