I can understand the frustration on the price performance but all I do to keep my pecker up is to look at the E/V of KAR, ($1bn plus) the conservative estimates of the Poseidon structure (6tcf? anyone checked the value of 1tcf of LNG?...$10BN/$15BN?) Naturally there needs to be very hefty investment before those returns are achieved and maybe KAR will have exited, willingly or forcibly before the 1st shipment, but, not bad for a battler from Mt Eliza! Nothing ascribed for the value of Brazil or Peru. The big boys can screw around all they want with redemptions/subscriptions etc they face every day in their various funds but at the end of the day, their aim is to maximise returns for THEIR shareholders so all the conspiracy talk is just hot air. This is not a sprint, it's a long distance race.
I can understand the frustration on the price performance but...
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Last
$1.38 |
Change
0.030(2.22%) |
Mkt cap ! $1.075B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.39 | $1.34 | $4.466M | 3.266M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15786 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 1601 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |