KAR 4.92% $1.92 karoon energy ltd

why is this happening

  1. 1,172 Posts.
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    KAR goes into a trading halt, followed by suspension, then announces it has struck light oil.
    Given the widespresd knowledgeable shareholder base.... one at least felt he was "picking up $100 notes" when he bought in at $8.15..... I am surprised nobody has come forward with some plausible explanation as to why the share price is getting obliterated.
    Bripoz.
 
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