The other thing about POO (as we've seen) is it can turn on a dime. When all the predictions are uniformly that it will remain low for years you know that there is a chance of exactly the opposite happening. POO greater than $US80 in 2017 is what I'm punting on with my KAR holding, helped out by an AuD back under 60c which will increase the 'look through' valuation that all the brokers will be putting on KAR in two years time.
Thats all IMHO of course but, at these prices well below cash holding, I'm v comfortable holding (and buying some more).
stevo -buy back, page-40
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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 |