KAR 0.72% $1.40 karoon energy ltd

woshka, there goes $7.00, page-35

  1. 192 Posts.
    ddddgggg, and others

    I believe that Ken Talbot's estate sold all his other holdings bar his KAR shares, after he died in the plane crash along with the Sundance Board mid 2010.

    His estate sold his SDL shares amongst others. I know this as I was holding SDL at the time.. (-dont mention the war)

    However they didnt sell his KAR holdings and the SP was in the $10 - $12 range at the time. No doubt the market place was very different back then, but, they saw good value in KAR and this was only off Poseiden's results, not Kronos, and before the discovery of oil in Brazil.

    Each to their own, but to me that that signals a positive sign. Ken Talbots estate's holdings aren't small either.. They are the largest share holder with over 26.3m shares..

    Thats got to be tempting to sell.. At this very point in time its worth $188,725,828.96 But imagine the tax... even with 50% CGT discount.

    I believe big things are coming.
 
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