KAR 3.32% $1.87 karoon energy ltd

what the board could do

  1. 7,294 Posts.
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    Dear holders,

    Please, un necessarili alert me of the legal limits of the board has under ASX rules.
    But everybody knows the world can be managed with friendly approaches without constitute breach of law.

    One very simple "request" in a "comment way" from a CEO to the major fund shareholders talking about :

    _ how big damage small predators can make and how important is the major shareholders come on board to avoid such actions...,

    should be 1 zillion times more than enough to solve several days drops.
    Lets explain..

    Looks today..

    Somebody sick place an order 200 shares at 5.44 just to force the initial number (closed Friday on 5.56) drop the initial forecast to 5.54 (meaning drop)

    That read (even 2 cents) and (even 200 shares) creates a full un happiness, scare and bad feeling about the Kar share for today trading day.

    So easy..

    Some of that funds just place lets say

    2500 shares 2 cents up and maybe another 2500 4 cents up. And if the "shorter" wants play a game, they place more and more and more(according with this "shorter" bids(if he insist to..)

    For sure much earlier than 10:04 this "shorter" will notice the "player" in the other side is several times bigger than him and he withdraw 100% of his low bids.(than also the fund can withdraw leaving a real market forces work but alert full day to avoid new actions to depreciate their own assets (funds assets)

    Simple..

    Yes its simple but that doesn't happen because Karoon have NO SUPPORT from the board(they could even their own money place orders to buy on market value) or "request" as a friendly comment to funds "protect and help the share against pradators.

    Dream sweet dream !

    Cato
 
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