Seems to me it is all about balance... Shareholders have waited a very long time to get to see KAR finally reach production and hopefully a dividend. Some have watched their SP go from the $6, 7, 8. 9 , 10, $11 range down to $2 and below over the last ten years. It's not hard to imagine that those SH's might like to get a dividend along the way as well as see some asset growth.
What are you going to say, If global politics settles down and/or we have another global financial crisis and the world is awash with oil yet again, we could see oil back at $40-$50 barrel , SH's will still not have received a divvie and of course the SP will be nowhere reflecting the current POO and minimal profitability at the time.
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Last
$1.84 |
Change
-0.025(1.34%) |
Mkt cap ! $1.470B |
Open | High | Low | Value | Volume |
$1.86 | $1.87 | $1.83 | $10.17M | 5.512M |
Buyers (Bids)
No. | Vol. | Price($) |
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23 | 157594 | $1.83 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.84 | 86778 | 2 |
View Market Depth
No. | Vol. | Price($) |
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20 | 108498 | 1.830 |
11 | 244449 | 1.825 |
16 | 137238 | 1.820 |
3 | 74705 | 1.815 |
9 | 37866 | 1.810 |
Price($) | Vol. | No. |
---|---|---|
1.835 | 86778 | 2 |
1.840 | 6400 | 1 |
1.845 | 16005 | 4 |
1.850 | 80370 | 5 |
1.855 | 228874 | 4 |
Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.84 |
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Change
-0.025 ( 1.86 %) |
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Open | High | Low | Volume | ||
$1.86 | $1.87 | $1.83 | 1216765 | ||
Last updated 15.59pm 17/05/2024 ? |
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