KAR 1.38% $1.84 karoon energy ltd

That a fair observation Alhambra.My reason to buy into a company...

  1. 12,798 Posts.
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    That a fair observation Alhambra.

    My reason to buy into a company is to make money. The reason I hold in a company is when I get caught with the SP going the wrong way. Pretty simple HEY..

    I do have confidence in Kar (in a general sense), otherwise I would not be here. I am a big believer in the future of Kar but until they get closer to production IMO they are a short term play.

    So, I am not a long termer and I would have thought that was clear to most on here. I like to buy on the news cycle (which Proteus strung out by an extra couple of months for a start) and this time I stuffed up or the market has been manipulated to ensure no sp rise. Whichever way you want to see it. So I am a little Sh**ty on the stock at times. My patience is sorely tested.

    And, Yes I think Kar can perform, IF IT WERE ALLOWED TO.!!!!!!! But that's what all the complaint is about isn't it. ? No performance, not on news, not on a good day on the market, not on any day lately, plenty of performance though, on a bad day as the instos take the opportunity to tighten the screws a little further.

    Kar is under siege at the moment and as far as I am concerned all shareholders, short or long term should be extremely unhappy about it. I think Marwoodes suggestion about waiving those rights as a sign of good faith is an excellent suggestion. We all should share the pain.

    Bet it doesn't happen though.!!!

    Cheers,

    Stevo
 
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$1.84
Change
0.025(1.38%)
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$1.81 $1.85 $1.79 $1.796M 983.1K

Buyers (Bids)

No. Vol. Price($)
15 43381 $1.84
 

Sellers (Offers)

Price($) Vol. No.
$1.84 56747 24
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Last trade - 12.43pm 10/07/2024 (20 minute delay) ?
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