I see the boots put in while I was on the sidelines, obviously a few people play off the red markers. Maybe time to try a different circuit.
Good luck and Go the Gas
21-Sep-11 UBS
Target $8.05 (was $8.73). While Karoon posted a full year loss UBS points out earnings are unlikely to be a driver of the stock for some time as exploration remains the focus.
Post the result the broker has adjusted forecasts and the result is a cut in price target. UBS retains a Buy rating given the potential for exploration success to add to value.
Buy
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20-Sep-11 Credit Suisse
Target $7.65 (was $8.35). Full year earnings were impacted by costs associated with the failed Brazilian IPO and sees the broker adjusted earnings estimates. Price target also falls.
While 2011 has been a tough year Credit Suisse sees a number of potential catalysts for Karoon in 2012 and so retains an Outperform rating.
Outperform
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go the gas
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Last
$1.90 |
Change
0.010(0.53%) |
Mkt cap ! $1.523B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.91 | $1.88 | $8.431M | 4.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 57900 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 141847 | 6 |
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