KAR 3.48% $1.81 karoon energy ltd

Red Man,What is /was expected in this market????For every seller...

  1. 6,162 Posts.
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    Red Man,

    What is /was expected in this market????

    For every seller there must be a buyer - it certainly isn't Wellington Capital Selling - but they very well could be buying as i don't know of too many investors buying stocks in this market!!!

    Some fund or player may need to liquify hence the sale - as many have said you wouldn't sell in this market if you didn't have to - bearing in mind also the closeness to the drilling you would be prepared to wait the market out knowing this if you could??

    I know a fellow who purchased a big parcel of shares today - his thougths were ' they either right ( they have resource) or they don't) based on North West Shelf and JV parnter he likes the risk at what he considers near the bottom price???

    Time ( very close) will tell Red Man - KAR like all stocks had to get hit - we just lasted a bit longer before we took the fall and no one knows where that ends up - still be buying on the dip red!!

 
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Last
$1.81
Change
-0.065(3.48%)
Mkt cap ! $1.446B
Open High Low Value Volume
$1.86 $1.86 $1.80 $6.799M 3.741M

Buyers (Bids)

No. Vol. Price($)
12 128816 $1.80
 

Sellers (Offers)

Price($) Vol. No.
$1.81 48402 4
View Market Depth
Last trade - 16.10pm 08/07/2024 (20 minute delay) ?
KAR (ASX) Chart
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