KAR 0.53% $1.90 karoon energy ltd

Well I bought a chunk at $7.50 then some more around$8.50 -...

  1. 1,931 Posts.
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    Well I bought a chunk at $7.50 then some more around
    $8.50 - watched it go to $12 then back to the low $2...

    I could have sold and bought back in so many times, but
    then again how was I supposed to know Rudd would announce the "mining tax" the week we hit gas... or that we would have a GFC, or Gillard would introduce a "carbon tax" OR the federal government would essentially stop our Company from doing ANYTHING for an entire year due to "environmental requirements"...

    What's happening now SHOULD have happened 12 months ago (not managements fault though)... anyway, who cares, at least it's happening now. Hopefully we get good results from this well, start drilling the next and in the mean time get cooking with gas (excuse the pun) in Brazil.

    Oh how I would love to retire for my 30th ;)

    Ele.
 
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