KAR 3.32% $1.87 karoon energy ltd

Ann: Letter to Shareholders, page-56

  1. 331 Posts.
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    They have not given any specifics about the return hurdle applied to the Who Dat acquisition or the reason why they think it makes sense to pay executives bonuses for acquisitions without a minimum profit target.

    The response is clearly a poor one and provides additional support to what the activists have been saying.
 
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