hang in there profit. Market will be closed in USA tomorrow and news was out late for a lot of markets. I would think the big investors and mutual funds have not focused on KAR yet. Suspect mid cap investors around end of week.
KAR needs to get the value of the find established. COP is not going to help here. We have good news no doubt. What the market wants is great news to get the major investors as we had when the SP was A$12.00.
Great post AS ALWAYS Ya.
The potential of having to drill more exploration wells will not help. How will KAR handle it financially is questions I hear.
Hope we get help on Grace soon.
Don't forget the name of the game is money. Hold the money to an assured investment is finalized. There is no critical point in the KAR stock to force investment. The mood seems to be there is plenty of time for investment. Why should mutual funds managers,etc.. jump in.
Small cap will be taking investments soon. They will pllay the volatility.
Bob
hang in there profit. Market will be closed in USA tomorrow and...
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Last
$1.60 |
Change
-0.105(6.18%) |
Mkt cap ! $1.279B | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.63 | $1.58 | $10.72M | 6.719M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1500 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 52235 | 4 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |