KAR 2.04% $1.44 karoon energy ltd

There's a lot of parties involved that a takeover would be very...

  1. 745 Posts.
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    There's a lot of parties involved that a takeover would be very hard to achieve unless if its 10+ at this stage.

    However at 10+ kar is worth 2.5b which is probably a fair price. Pre salt and Peru thrown in for free for a suitor.

    If I was sitting opposite kar directors who want close to a billion, I be seriously considering a takeover.

 
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