KAR 2.84% $1.88 karoon energy ltd

If Karoon could get an amended terms, Karoon might be lucky...

  1. 132 Posts.
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    If Karoon could get an amended terms, Karoon might be lucky twice. They sold Poseidon for $600 mil before oil price crash. Now they have bought a field, but not completed until the oil price crashed and this gives them more room for negotiation. I am not sure we could give credit to management, it may be just plain luck.
 
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