KAR
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3.61% $1.72 karoon energy ltd

There will be 800.66m SOI. Starting at $2.05, MC is A$1.64b, so...

  1. CEOChair
    26,714 Posts.
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    16/11/23
    10:19
    Post #: 70932745
    There will be 800.66m SOI. Starting at $2.05, MC is A$1.64b, so just for sake of example an SP of $4.10 = MC only $3.28b, which looks cheap to me. Absolute bottom base case before the 3 new wells are drilled, 1st one in Q2…
    Last edited by CEOChair: 16/11/23
    KAR Price at posting: $2.15 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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$1.72 		Change
0.060(3.61%) 		Mkt cap ! $1.378B
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$1.67 $1.73 $1.67 $18.60M 10.89M

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