KAR 2.81% $1.83 karoon energy ltd

Ann: Daily share buy-back notice - Appendix 3E, page-4

  1. 1,694 Posts.
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    I'm pleased to see them buying back when the SP is well under the cash holdings per share. In the current environment there is an argument that running a cash box - laying off staff and cutting admin and exploration spending to the bone to conserve cash - while taking advantage of the SP to increase cash backing per share is actually the surest value add holders.
 
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