It's all very interesting to ponder. I got a few more yesterday at $3.06 and ended they day green..yay for me I thought..well done frog..genius. Alas today I've been karooned again.. I must be as naïve as Billy and Stevo. I have a couple of thoughts on the T/O theory which involve Pegasus which cast a bit of doubt on their ability to launch a T/O. Any directional change or T/O by them would be simpler with their people on the board, which they got spanked on. They couldn't muster the votes to stop the Rem, albeit very close.
The nagging thoughts are that if Pegasus can't get 25% support yesterday, then how will they get support for a take over when over 75% of the company is against their agenda? I'm looking forward to seeing what the short numbers are doing post meeting. There may also be a bit of selling today by anti management holders?
It's got to the point where one can only look as far as K2, as beyond is anybody's guess.
Karoon Gas Australia board survives second strike on remuneration report, page-86
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Last
$1.53 |
Change
-0.075(4.67%) |
Mkt cap ! $1.192B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.57 | $1.52 | $12.45M | 8.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 350 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 57889 | 3 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |