KAR 3.43% $1.81 karoon energy ltd

trading halt , page-36

  1. 2,973 Posts.
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    someone will probably get upset at me for saying this - but the information coming out over last couple of days to me doesn't look too bad

    - prospective resources update (part of the dress-up)
    - Board change (part of the dress-up)
    - commentary in qtly that KAR entered into negotiations on some of the Farm outs
    - TH pending update on funding situation

    SP has a been a shorters plaything/doom portent for some time. The information above does not suggest doom to me, perhaps its not great - but look at what the SP has priced in....
 
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