Ultimately it comes down to a couple of things
1. who will sell shares here ? Not many
2. will shorts increase when buy backs are in play
= back to 1.70 imo
only major catalyst now is drilling results plus oil price rise (if it happens ).
I feel confident we get to 1.70-2 but not sure we push on without the above. Shorts should be worried knowing that management will continue buying back stock at these price levels
.
PB
Ultimately it comes down to a couple of things1. who will sell...
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Last
$1.58 |
Change
-0.060(3.66%) |
Mkt cap ! $1.155B | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.62 | $1.57 | $2.674M | 1.678M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 119782 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 66315 | 14 |
View Market Depth
| Last trade - 13.10pm 12/09/2025 (20 minute delay) ? |
| KAR (ASX) Chart |