KAR 1.79% $1.38 karoon energy ltd

business day article

  1. 242 Posts.
    http://www.businessday.com.au/business/karoon-seeks-us773m-in-brazil-unit-ipo-20101027-173ho.html

    Some of the information is known or may be old news to some posters.

    Interesting part of the article...
    "The Australian explorer plans to price the shares in Karoon Petroleo & Gas SA on Nov. 10 at between $US603 and $US750 apiece for a listing on the BM&FBovespa Novo Mercado exchange, it said in today's filing. That would raise between $US621 million and $US773 million and value the unit at as much as $US2.4 billion."
 
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$1.38
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