Today was a positive day for KAR. After the announcement a large number of buyers appeared and the stock rose from a yearly low to finish in the green on a red day for the ASX.
The market is now feeling more comfortable on the stock. There is still a large number of buyers after the close, the volume of buyers in excess of the sellers.
The next couple of days will show if this support is ongoing. There appears to be a smell of gas in the air following today's activity. Time will tell.
The real warriors are the ones who have battled through and sought to seek out the positives on this stock and not the negatives. I hope that over the next few days your loyalty and intelligence is rewarded.
Alhambra.
weight of opinion
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Last
$1.87 |
Change
-0.030(1.58%) |
Mkt cap ! $1.498B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.91 | $1.87 | $6.716M | 3.574M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 26069 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 46025 | 4 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |