KAR 1.98% $1.80 karoon energy ltd

Capital Allocation & Who Dat Returns, page-2

  1. 243 Posts.
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    Don’t disagree about overpaying on WD sole valuation but we all know they didn’t have a clear longevity story and they were sole asset risked. Other than find an alternative and better priced asset I’m not sure what you would have proposed that wasn’t a going out of business strategy? As always timing is a major factor and perhaps that forced their hand into a less than ideal acquisition.

    Genuinely keen to hear your alternative suggestion though
 
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