KAR 1.27% $1.75 karoon energy ltd

grace - duster or success, page-68

  1. 745 Posts.
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    Grace is a moot point for exactly the reason ypu posted. 90/150. Sp is down 120+. Convert that at 250m shares and you can see Grace is not the issue here. Heck 2 sidetracks now wouldnt account for this fall after proteus.

    I am just doing math. A fall below 12 month low tells me something's not quite right.

    The company would have been better off doing a buyback at these levels.

    I agree with your sentiment in not being able to do a deal.
 
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