I think many (not all) would not agree with this post at all. Could be misleading to some new comers.
The bottom line is by not achieving good flow rates here the size of the field has been dramatically lessened. Most professional analysist have written this over the last 2 days.
Hopefully K1 will derisk the field and they can go back with a better rig and getter better flow rates. I would not bet my money on that - but of coruse if other wells go MUCH better than the last 2 they may very well do that.
Monday looks bad again if the dow crashes again as expected on more bad job figures. I will be buying more KAR as Woodside and alike say K1 is a no brainer.
I think many (not all) would not agree with this post at all....
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Last
$1.92 |
Change
0.090(4.92%) |
Mkt cap ! $1.539B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.92 | $1.85 | $18.66M | 9.832M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11055 | $1.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 144289 | 16 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |