It's enough to make you cry..especially the last sentence.
Bloomberg, 10 January, 2013, Sydney
The prospect of new oil discoveries in the same region that yielded the Western Hemisphere’s biggest find in three decades is transforming Karoon Gas Australia Ltd. (KAR) into a takeover target.
Exploring in Brazil’s Santos Basin, in waters south of Sao Paulo, Karoon may be sitting on almost 1 billion barrels of oil. Together with fields in Peru, these untapped South American assets alone are worth $1.6 billion, 35 percent more than Karoon’s market value yesterday, said Macquarie Group Ltd. No peer in the developed Asia-Pacific region is projected to gain value faster, as analysts estimate Karoon will trade 61 percent higher in 12 months, according to data compiled by Bloomberg.
utterly astounded, page-3
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Last
$1.87 |
Change
-0.005(0.27%) |
Mkt cap ! $1.498B | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.88 | $1.86 | $5.061M | 2.710M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25493 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 54387 | 4 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |