KAR 0.00% $1.74 karoon energy ltd

Ann: Daily share buy-back notice - Appendix 3E, page-15

  1. 1,694 Posts.
    lightbulb Created with Sketch. 15
    Not sure what happened there...
    Basically I dispute that KAR should pay a divie - if they really want to spend 100m on capital management (I'd hope they spend more like half this) then a buy back around $4 given teh last CR at $5.10 seems much smarter. If they hadn't stuffed up Grace then I'd be saying well done management.
 
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