KAR 1.43% $1.38 karoon energy ltd

bear raid?, page-35

  1. 862 Posts.
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    Dr Das, I dont think the market is giving any value to the SA assets - doubt if anyone is actually interested (its been the same story for more than 2 years now!) - notice they now talk about interest in the near term (which means could be within the next 5-10 years!) Plus, they seemed to have burned through alot of cash this quarter for some apparent reason. As predicted, this is going to go below the 52 week low very shortly!
 
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