KAR 0.00% $1.48 karoon energy ltd

When all looks bad, page-24

  1. 12,390 Posts.
    "Honestly I am more than surprised no director has been buying up at these prices"

    No activity + no asset+ diminishing cash+falling oil price can only equal 1 thing.

    Whilst picking up a few shares can be seen as a sign of confidence, Directors aren't usually silly.

    The mystery here is why the trust hasn't acted, unless they too are deriving a healthy return from shorting activities.
 
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