KAR 0.66% $1.87 karoon energy ltd

Ann: Update to timing for release of full year results, page-13

  1. 89 Posts.
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    The early release is generally a good sign. The BOD have busted their balls to get the good news out to the long suffering shareholders and full credit to the new crew. Imo the shorters know this and are busting THEIR balls to cover. There may be other underlying reasons and it may be simplistic but I’m content to stick with my reasoning. The proof of the pudding is in the eating and this is reflected in the share price today. Let’s hope there is more appreciation in the share price as once this gets a roll on there will be no stopping it imo. The shorters are dangerously exposed and they know it. I have added to my very healthy exposure today and am backing up my convictions. I personally don’t believe we should be looking at further acquisitions; it’s now time to start thinking about a return for the LTHs. Good luck everyone and do yourself a favour and add to your holding.
 
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