KAR 2.65% $1.47 karoon energy ltd

inconclusive, page-55

  1. 6,328 Posts.
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    Guys , having dabbled oh too often in oil & gas plays...the words 'plugged & abandoned' are used quite regularly. May not be a bad situation but is always treated that way by the market. Admittedly the word'inconclusive' didn't help much either. Traded in & out today for a tidy profit but I will be observing with interest. Good luck if you're still in but she seems to be rebounding atm.
 
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