To be fair, this "fish" is far from dead as it has a lot in play at the moment.
Those, like myself, who have been in this since 2007 (and longer) who have seen the ups and downs (and yes, in hindsight, webby, buy low sell high etc etc) know that this company is getting bigger and bigger, with more projects, and discoveries coming online each year, and still run by the same management team.
I have an investors sentiment, and I have faith in the company (who also have lots of $ in the bank, and with fully funded wells, courtesy of farm in partners) and am happy to sit and wait and watch this one, until around they go into production around 2016. End of the day growth in KAR since 2007 is better than I would have got with any bank (@ 7%, and thats being generous)
...Oh and did I forget not only did we find gas but we successfully got it to the surface...
end of the day, each to their own.
To be fair, this "fish" is far from dead as it has a lot in play...
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Last
$1.65 |
Change
0.025(1.54%) |
Mkt cap ! $1.287B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.68 | $1.64 | $2.350M | 1.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 40348 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 40167 | 13 |
View Market Depth
| Last trade - 11.26am 08/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |