KAR 2.65% $1.47 karoon energy ltd

Ann: Pharos-1 Progress Report No 2 , page-12

  1. 1,694 Posts.
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    Agree JT. $8 now for a t/o or 2:1 STO scrip would be an immediate return for SH better than whatever cash they can get for browse plus rerating of santos assets. A well managed KAR could end up being worth more than current t/o price but we're looking 12months plus down the track and assuming the market rerates us. Right now I think most would be happy to take the $8 bird in the hand (although I don't think it'll eventuate not least because management won't want to let go of running the show) than wait out for the (realistically 3 year timeframe) of the possible $10+ bird in the bush.
 
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$1.47
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-0.040(2.65%)
Mkt cap ! $1.179B
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$1.52 $1.53 $1.47 $10.74M 7.225M

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No. Vol. Price($)
1 15772 $1.47
 

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Price($) Vol. No.
$1.48 3390 1
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