I have sent the email belo to Scoot a few minutes ago.
"Dear Scott,
I sent you the email below but could not receive an answer or clarification of the issue by a new announcement as expected. We shareholders have learned that you have given a statement to Dow Jones newswires yesterday (please see below) and said "Potentially, it's mechanical failure, but work is continuing to determine the cause of the problem". This was not what the cause of the delay as explained on yesterday announcement!
You are obliged to clarify the issue which has devastated the stock price of Karoon yesterday and today, directly to the shareholders by an announcement but not to the media first.
If you have not given a statement as below, or did not mention about a technical problem please advise the shareholders, and simply clarify the situation.
I have invested my hard earned money to Karoon Gas and expecting management to be in good faith, to clear all the clouds on operations of the company and not to be ignorant.
Kind regards"
KAR Price at posting:
$7.90 Sentiment: Buy Disclosure: Held
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