KAR 4.92% $1.92 karoon energy ltd

Those worried about the corporate level cash burn (ie. admin...

  1. 6,162 Posts.
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    Those worried about the corporate level cash burn (ie. admin costs) should be imploring management to complete the buyback asap while the market is heavily discounting their incompetence.

    Market can be irrational but never wrong for this period of time diggity dgggggggggg - heavily discounted or an accurate reflection on the reality - personally it's the latter for me.

    Even with a find - a broom needs to go through the place - i don't think any rational holder would disagree - keep Smith - the rest can all no doubt go onto to bigger and better projects and higher paying jobs with Top 10 Listed energy Company's on the ASX - figure that it just going to be the reality we face losing the great ones to better / larger players. who see their worth far more than we or I do as a shareholder.

    jaguar is right they are 'quite' at the moment ....quite like mutes.

    But you got to be clever and cagey - give nothing away - just buy back some more shares....that's the play and working very very well
 
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