"in fact since the share was high the only activity was drilling grace. and we are down 50% on no news good or bad."
I think you may have to review that statement.
There are 4 glaring issues that have caused the drop.
Drilling 90% of Grace is only 1 of them. A C/R not long back didn't help, No J/V's when we desperately need them is the biggy, and the shorts having a party at our expense.
The reasons are quite clear.
why buy kar now ?, page-22
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Last
$1.46 |
Change
-0.065(4.26%) |
Mkt cap ! $1.160B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.52 | $1.45 | $15.96M | 10.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 119063 | 3 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |