KAR 6.18% $1.60 karoon energy ltd

Ann: Poseidon North-1 Progress Report No 4 , page-167

  1. 4,015 Posts.
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    Hi Marwoode

    Thanks for your comments.

    Funny how people just refuse to read posts for what they are.

    Here I was trying to fight for share holders rights and all I get is grief. The announcement is either going to be bad or good. If its bad, the suspension will have done nothing to stop the share from being decimated because it will be decimated on opening! If its good the suspension will not have done anything from going up because it will go up on opening!
    If its a farm out or joint venture, do you really believe that these people would be negotiating based on the share price?

    The company had done the right thing in announcing the discussion. That is what the rules call for. The actual result is irrelevant. The shame is that share holders have been locked in to the announcement.

    As for posters like Stevo and lookandsee thinking that I am giving advice because I show examples, well I can only say one thing... you do have fertile imaginations.

    Best of luck today everybody.

    Regards

    Pear


 
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