KAR 3.03% $1.44 karoon energy ltd

Still got a long way to go down based on current headwind, may...

  1. 495 Posts.
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    Still got a long way to go down based on current headwind, may be $1.00 is the base, the poor performance of the share price can be attributed by inept management and have no clue how to increase SH value using the windfall from Browse deal with Origin.
    Is like a priced colt sitting idle in the barn and abstain from doing its duty, eventually all goes to waste with no outcome.
    Can anyone highlight what has been achieved in the last 2 years since they got the juice from Origin, apart from burning cash
    and HOPE that the POO will rise to $60. Where and what is the strategy plan or Plan B, to deal with low oil environment ??????????? and look after the shareholders.
 
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