KAR 4.92% $1.92 karoon energy ltd

i love this share, page-34

  1. 6,162 Posts.
    lightbulb Created with Sketch. 52
    Oh great - I rest easy this was an ambit offering.

    So let's say the shelves are only worth 400 million - there goes all our cash + the pending drilling campaign ( and the buy back ) would mean we are out of cash!

    Forget the borrowing BS . Who is backing KAR and what is the break up if they get these shelves.... It is irrelevant the worth of them.

    We have the best negotiators at the table plus MOQ as advisers I rest very comfortably

    Shorts back up over 5%
    Last edited by Black Swan: 13/09/16
 
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