KAR 1.62% $1.57 karoon energy ltd

brazil - sub salt.... billions of boe, page-8

  1. 1,068 Posts.
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    Swannie...we all know what pea-hearts Aussie FM's are. If these blokes had any guts at all, they would back Australian ventures like KAR, but, it's a sad fact of life that all the big money made on successful resource plays is ALWAYS made by offshore investors. The huge brains running Aussie insto money won't get out of step with their domestic competitors for fear of failure. Weak as the proverbial fairies' fart. Sure, they may get involved when all the initial big returns are made but it just pisses me off so much that they are so anti-Australian and so weak-kneed. All the recent cap raises have been absolutely dominated by offshore investors who have more vision and guts in their small toe than the entire Aussie institutional punters. Give your money to these clowns if you want a guaranteed 1.5% return pa. Maybe they won't invest because Bobbie's golf is so dire?
 
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