KAR 1.63% $1.81 karoon energy ltd

Any Hope ?, page-2

  1. 495 Posts.
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    No hopeful anything will happen.
    It is a very conservative and very inactive board running the company, nothing will happen and nothing to see here, unless it is a real bargain or a fire sale (who in the right mind want to give away anything these days)
    They have miss the opportunity to acquire some decent O & G asset(s) in Australia or abroad when the oil price was lingering around $26 - $27 (with $500 m in the bank for many years), but nothing happen

    Who know, they might wait for BHP to drop to $0.05 and buy the whole lot.

    Keep munching the cash pot and stuff the small shareholders
 
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