KAR 1.30% $1.90 karoon energy ltd

same old path, page-33

  1. 4,015 Posts.
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    Hi Stevo

    Explain this:

    UGL made an announcement about "selling or splitting"their property division. They DID NOT go on a trading halt whilst they negotiated the deal . MONTHS after that announcement they announced the sale of the property division for $1.2 billion.
    What was the difference with Karoon?
    If you are going to argue market uncertainty during big negotiations, where is the consistency? The ASX can't have it both ways.

    I would invite you to read and understand the rules.

    Regards


    Pear
 
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