Gents,
The people bullish on this stock have not gone, just not alot to say ATM.
In my little knowledge of O&G explo., BOP issues at 400m are not at all uncommon.
Yes communication could be beteer, no arguments there.
For all those calling a SP below $2, what has changed? Has the gas evaporated or have they lost their leases in SA?
No and No.
So why are we sitting at this horrible below value price, well that has to do with human psychology and sentiment and well frankly, Europe has terminal cancer and nobody has a cure.
So everyone is scared.
And O&G is high risk.
Biggest problem gen is the huge gaping number called Capex, thankfully we are fully funded in our Oz ops and hopefully will hear news re SA.
So sadly, we are beholden to the irrational machinations of a world in turmoil.
In 50 years time, the Japanese will still want to turn on their lights and charge their i-Phones.
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Last
$1.70 |
Change
-0.015(0.88%) |
Mkt cap ! $1.361B |
Open | High | Low | Value | Volume |
$1.70 | $1.70 | $1.67 | $6.485M | 3.843M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5782 | $1.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 1499 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5782 | 1.690 |
1 | 5782 | 1.685 |
5 | 44592 | 1.680 |
1 | 5782 | 1.675 |
6 | 24231 | 1.670 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 9782 | 2 |
1.705 | 5782 | 1 |
1.710 | 20782 | 2 |
1.715 | 5782 | 1 |
1.720 | 8782 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
KAR (ASX) Chart |
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