"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
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- A nice read for Karooners
"As the Financial Review quoted from an RBC Capital Markets...
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---|---|---|
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25 | 98208 | 1.720 |
23 | 139276 | 1.715 |
18 | 162294 | 1.710 |
13 | 136340 | 1.705 |
Price($) | Vol. | No. |
---|---|---|
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1.735 | 95216 | 18 |
1.740 | 202228 | 22 |
1.745 | 144528 | 12 |
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