With oil prices in the US$80-$90/bbl Karoon is a cash flow monster .
No one needs $200/bbl as it would only result in demand destruction and a collapse of the oil price down to below the cost of production in many markets .
The Middle East and Ukraine are like to remain unstable for the foreseeable future so supportive for the POO . That should be more than enough for Karoon’s plans to deliver returns for shareholders and grow its business .
Strap in. Lift off., page-357
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Last
$1.34 |
Change
-0.030(2.19%) |
Mkt cap ! $1.044B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.36 | $1.32 | $8.558M | 6.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 320 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 39863 | 4 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |