KAR 4.67% $1.53 karoon energy ltd

hold on if you can, page-17

  1. 1,675 Posts.
    BEAM ME UP SCOTTY.

    Today should be the end of the trade down in Australia. Expect a major ANN next week to get the price moving again. It is important for the new IPO. I do not think they will do anything today because people will continue profit taking that will cause panic selling. Expect the SP to be around A$8.85 to A$9.25. Shares are selling at US$9.29 using foreign investors. This makes the share price about US$9.00 after profit.

    I know I will be watching close tonight to buy into KAR on the Australian market and again on Friday(in the USA) with my retirement account which does not allow me to invest other than USA.

    Bob
 
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