jeeper ,
Believe golfzoner that his source is CORRECT ,I do and when the drilling begins next week you won t see these prices again for this stock.
Remember this is a spec, yes, but in the top 10 of the asx 200,not bad.
Anyone will know all were doing at the mo is suring up a resource ,in 4 years time oil and gas will be in a different place,alot higher then now.
As for finding the gas well with the advanced 3d and being on trend with know gas fields its a no brainer.
Also remember karoon is a small company with no debt and a jv partner in conoco phillips ,plus $140 mil in the bank,with only 140 mil shares out there .so the potential upside is great.
reserves, page-17
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$1.74 |
Change
0.000(0.00%) |
Mkt cap ! $1.392B | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.78 | $1.73 | $9.077M | 5.198M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15017 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 1005 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |