KAR 1.43% $1.42 karoon energy ltd

apache farm-in to carnarvon, page-24

  1. 6,162 Posts.
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    Got no doubt the Insto's are knocking- and howling that he hasn't taken up their SUPER GENEROUS offer of 200 millions worth of cash at $2 a share - they are howling because he may have an alternative?

    wonder how quickly the 20 million shorts will exit if it is a reasonable deal?

    They have made plenty but may be staring at their recent efforts of several million shares in the higher 2's biting them on the arse if he pulls a rabbit ( of decent proportions) out of his hat?
 
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