KAR 1.20% $1.69 karoon energy ltd

Ann: June 2023 Quarterly Report, page-32

  1. 1,098 Posts.
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    Right now, KAR has finished Bauna/Patola devlpt program, and is not yet investing in Neon. That means they will have a large free cash flow. They promised a return for SH and many dream about a divy. But if you want to boost the SP, there is no better choice than an buyback, and it's much less risky than buying new assets.

    A-N
 
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