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
$1.71 |
Change
-0.005(0.29%) |
Mkt cap ! $1.370B |
Open | High | Low | Value | Volume |
$1.71 | $1.73 | $1.65 | $11.91M | 7.020M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 84691 | $1.71 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.72 | 9826 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 17997 | 1.710 |
3 | 28889 | 1.705 |
12 | 137028 | 1.700 |
3 | 36374 | 1.695 |
6 | 77505 | 1.690 |
Price($) | Vol. | No. |
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1.720 | 62968 | 5 |
1.725 | 92053 | 4 |
1.730 | 87381 | 4 |
1.735 | 14018 | 3 |
1.740 | 123745 | 6 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$1.72 |
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Change
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Open | High | Low | Volume | ||
$1.71 | $1.73 | $1.66 | 2112327 | ||
Last updated 15.59pm 05/06/2024 ? |
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