From Bob's address at the AGM:
'Whilst I am restricted somewhat in what I can say in relation to the Karoon Brazil IPO and its assets because of the stage which the offer has reached and the applicable regulatory requirements in Brazil and certain other countries, it is notable that the completion of the IPO will allow Karoon Australia to concentrate its existing cash resources on the phase 2 drilling campaign in the Browse Basin and on other opportunities which may arise.'
This would seem to be as close as he can get to announcing that the IPO was successful.
Lunchtime in the martini bars of the City at the moment, but the bounce seems well underway.
I'm stretched thinner than a bald man's comb-over on this one.
Hoping they have more than a few at lunch today and come back with risk in their veins and loose fingers on the buy side.
From Bob's address at the AGM:'Whilst I am restricted somewhat...
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$1.83 |
Change
0.050(2.81%) |
Mkt cap ! $1.466B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.84 | $1.79 | $8.392M | 4.606M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6282 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 79500 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| KAR (ASX) Chart |