"As the Financial Review quoted from an RBC Capital Markets report "Whilst high risk, this is a freebie and success would open a significant new oil play." I love Karoon as an asymmetric bet on an oil recovery, and I can confidently see an upside of well over 100% in the next 3-5 years in the event that the oil price recovers.
Nov. 20, 2015 3:38 PM ET
http://seekingalpha.com/article/370...e4ef075cb37910da55b7de99b6fcc51&uprof=44&dr=1
"As the Financial Review quoted from an RBC Capital Markets...
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Last
$1.73 |
Change
0.035(2.06%) |
Mkt cap ! $1.379B | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.74 | $1.70 | $3.245M | 1.886M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 78396 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 51198 | 31 |
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| KAR (ASX) Chart |