KAR 0.88% $1.70 karoon energy ltd

They’ve already said what they think it’s worth, $2.05.If they...

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    They’ve already said what they think it’s worth, $2.05.
    If they thought it was worth $2.30, they would have underwritten the cap raise at $2.30. Same goes for management, they obviously only valued it at $2.05 also.

    But, big chief shitting bull will get up at the AGM on Thursday and bang on again that creating value for their sponsors (whoops I mean shareholders) is the number 1 priority. Spew!!!

    The shareholders are so kind, their just chucking in again and sponsoring the jobs and bonuses for all those with their noses in the trough for another few years without getting anything in return. It’s worked well for 20 years, so I guess why change it now.
 
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