KAR 2.81% $1.83 karoon energy ltd

Hi deansy,They have taken oil at $70 per bbl. Taking into...

  1. 1,325 Posts.
    Hi deansy,

    They have taken oil at $70 per bbl. Taking into account todays oil price that should give us over $20 per share .

    grossly undervaluing the current stock price on a positive kronos result .

    we are still around 3 weeks away from the results of kronos, coupled with the upcoming of a farmin agreement in brazil, i think all the planets are aligning for karoon at the moment .

    The current sp is a clear indication of the volatility of the stock and stating the obvious good news is going to propel the sp northward toward the $20 + .

    I feel the upside is far greater then the downside ie $4.50 .

    So we wait .



 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
(20min delay)
Last
$1.83
Change
0.050(2.81%)
Mkt cap ! $1.466B
Open High Low Value Volume
$1.80 $1.84 $1.79 $8.392M 4.606M

Buyers (Bids)

No. Vol. Price($)
2 6282 $1.83
 

Sellers (Offers)

Price($) Vol. No.
$1.83 79500 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
KAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.