KAR 1.83% $1.61 karoon energy ltd

Ann: Karoon Ships its first Oil from Bauna as Operator, page-71

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  1. 2,946 Posts.
    lightbulb Created with Sketch. 70
    Well a nice couple of trading days was it not. so that 1.10 looks pretty good for closing out the year, happy for a bit higher though. So we head into 2022 with a bit of wind behind us.

    If Some of those 15 million shorts get worried with oil going up a tad more, over the next couple of month, that could easily drive us to 1.30 to 1.50 very fast.
    Pretty sure there will be some profit taking heading up as we go. may be the shorts will jump on some of them.

    With the oil price showing some traction those short term holders, may hold out for a bigger pay day....... lets say 4.00 rolleyes.png tongue.png

 
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