Ya, they use a NPV of net cash flows (net cash in less capex - for less enlightened readers, not youfor the period to 2029, based on a couple of independent analysts' forecasts - and for this period come to a valuation of $5.40 per share. We don't know the assumptions behind these forecasts especially to what extent they assume success with Marina and other drilling. The major weakness in the valuation is that they then continue to apply the same 'growth rate' in valuation for KAR, discounted in perpetuity, that brings the val to $19.
Take me to school in the KAR, page-17
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Last
$1.65 |
Change
0.035(2.17%) |
Mkt cap ! $1.281B | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.69 | $1.63 | $12.23M | 7.389M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 228084 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 78806 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |