Usual BS and they say the market is forward looking, absolutely laughable.
Case in point Liveswire released an interview with Antares Capital Partners’ John Guadagnuolo, who came up with the following gems of wisdom;
Energy is more difficult in the mid-cap space. There's not too many options that you can invest into. We don't really like Beach (ASX: BPT) and with Karoon (ASX: KAR), we struggle to justify the current valuation. I don't think we have particularly good insight into the prospectiveness of the currently producing wells and how long they can go.
Doesn't state why they don't like BPT and states they don't have a "good insight" on KAR. So why did he open his mouth?????
Ann: Karoon Energy FY23 Half Year Presentation, page-6
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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 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |