KAR 2.84% $1.88 karoon energy ltd

The results have been put on the record, A clear message to...

  1. 2,927 Posts.
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    The results have been put on the record, A clear message to those that just presumed to go down their own path without any consideration to Share holders. As they hold very few shares it shows they knew that they must have thought raising their benefits was more lucrative than owning shares.
    Now they know that holding their positions are on the line they may re think their views.
    Lets now move on with what is ahead. We can now look forward to the drilling results and grow the company further. I fully understand that buying new assets are a good move to grow the revenue of the company.
    But these must be completed with a good financial purchase plan, including share holders returns as we go along. The share price is depressed now and should recover through out the latter part of this year.
    Eyes will be focused on 1) Getting production back on target on both our assets. 2) The price of oil 3) The results of the drilling in the who Dat fields 4) News of a div plan 5) Adding to future growth assets.
    So Lets let the dust settle and hope that things improve on all fronts.
 
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