Quote from Mr. Hoskins of KAR in article written by Matt Chambers of the Australian on 4th Nov.
Like other players with strong balance sheets, Karoon is looking hard at opportunities for acquisitions in the depressed market, although Mr Hosking will not say what he is chasing. “We’re looking, but 90 per cent of what we look at ends up in the bin because good assets are hard to find,” he said. “We only get one chance to find something and have a go at it, and if it’s not too good you pay forever.
full article link below
http://www.theaustralian.com.au/bus...l/news-story/f8d179d2a4cfa04844577e79b16d5a10
Perfect storm tomorrow.....maybe......... maybe not
Aggressive selling into judgement, page-11
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$1.65 |
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Mkt cap ! $1.281B | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.69 | $1.63 | $12.23M | 7.389M |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 228084 | $1.64 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 78806 | 2 |
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| KAR (ASX) Chart |