KAR 1.87% $1.84 karoon energy ltd

Macquarie says Karoon worth $5.15 if oil > 100, page-643

  1. 2,390 Posts.
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    analysis suggests opec will not cut production again , the economy can likely only support a $75-80 price as in todays Economic environment any higher price leads to lower consumption .

    just my thoughts but the world cannot afford $100 oil .
 
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