KAR 2.81% $1.83 karoon energy ltd

waiting godot

  1. 7,294 Posts.
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    Maybe most of you remeber this play.

    Hi Dr Wazza... Yes of course all us that carry shares want to be positive.All want to be patience..but nobodu want to be in a position to waiting Godot...

    That doesnt means we are blind (also I read this "other brokers call with plenty of better rates"..I put that into hotcopper tread).But also they rated before Canario.

    But what certainly concerns me (and many of you) is the really "boring" period that we are (and no reason because we could at that stage be celebrating the 6.50 mark and highly enthusiastic to 7.50-8.00( and many here ,that level should be the begin of the profit after long time of invest).

    I really can't cope with simple attitudes or pretend all is blue.

    Is not !

    When a broker re-rate..we can have 1 zilion reasons to disagree,but if just one small percentage of his "customers" say..ok... time to go... this is enough to pressure down.

    I'm carrying now around half of my initial thoughts and I would love to buy back "cheap" .But again... something is going on and the market is not "free".

    The experience shows that such actions(support artificially the price and of course some people can say.. drivel !)can reverse x 2 when this "support" take his hands out of the share.

    Plenty people knows that and that reinforce the sellers position.

    I read the post that says.."Why sell now we are begining drill Australia and Brazil..."

    Well well.. I'm not sure if I need to say that,but this other 2 wells are the most risky areas of Poseidon..That is the reason why they left to the end..One 9k and another 13 km..really risky ones.

    Brazil ? well.. after so dramatic event with our neighbor really is scare ...
    Nobody can just erase from their minds that exactly that areas didnt seduce brazilian and international investors when Kar wanted to be listed in Brazil..
    Of course plenty of colateral aspects... But in the end we measure by results not by arguments..

    Yes,I'm holding half but I should confess , with some bad taste(and that was defenetevelly the case 30 days ago) and a deeply unhappy feeling about the PR area of the company.

    A share is a mix of REALITY and DREAM.

    Who leaves just to the "reality" to price the share,,,wowwww must really deliver hard and highly effective events.

    At that stage is not the case of Kar( in spite of so many good events.)

    But..for many of you the feeling of "waiting Godot" is present now...and I'm afraid to don't just enter myself in this queue !

    Good luck to people that love horses..

    I don't !


 
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Last
$1.83
Change
0.050(2.81%)
Mkt cap ! $1.466B
Open High Low Value Volume
$1.80 $1.84 $1.79 $8.392M 4.606M

Buyers (Bids)

No. Vol. Price($)
2 6282 $1.83
 

Sellers (Offers)

Price($) Vol. No.
$1.83 79500 3
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
KAR (ASX) Chart
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