$4.50 was never going to happen.
$7 was a resistance from prior uptrend, so I think it's unlikely to see it below that since the market has probably digested the bad news by now.
The sooner P-2 spuds, the better it is in stemming the sell-off.
What do people think the SP will hover around during P-2 drilling? Are we likely to see another run in anticipation or is that unlikely to happen as investors are not as confident after the failure at K-1?
pre-open, page-29
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Last
$1.58 |
Change
-0.125(7.35%) |
Mkt cap ! $1.263B | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.68 | $1.56 | $17.52M | 10.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 53811 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 26621 | 3 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |