KAR 1.98% $1.80 karoon energy ltd

Ann: Acquisition of Interest in GOM - Investor Presentation, page-9

  1. 26,736 Posts.
    lightbulb Created with Sketch. 4559
    KAR will be reaping >$1b pa revenues from now on. Heading for big league, I can see at least $4+/s next year.
    But can anyone explain how a company is allowed to issue 231m new shares total, representing 41% of current SOI?
    Last edited by CEOChair: 16/11/23
 
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