Josh Young is a shameless up-ramper of Oil and related Equities. He's well researched though.
He discusses current Oil Equities valuations in this video from 37.18 here:
Basically, he says its not just KAR, its all equities in the Energy Sector. The Herd money is elsewhere.
Pioneer bought at 7x FCF.
Josh Young is a shameless up-ramper of Oil and related Equities....
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Last
$1.70 |
Change
-0.035(2.02%) |
Mkt cap ! $1.363B | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.72 | $1.69 | $4.805M | 2.821M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1603 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 3178 | 1 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |