KAR 2.78% $1.48 karoon energy ltd

OIL down = +ve for karoon, page-8

  1. 12,829 Posts.
    lightbulb Created with Sketch. 582
    PB,
    Love your optimism.
    However, I fail to understand why you think the day to day price of oil will influence a bid price.
    Especially, after having the opportunity to examine the style of the last bid document.
    Clearly there will be contingent payments based on a rising poo. Quite a reasonable way to do business IMO.
    Cheers.
 
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