Do not know about A$1.80 GZ. We will test A$3.00 this week if we have no Ann with solid information. The global markets are still in a mess and the potential of DOW stablizing at 10,500.
I still think we will remain in the current global market condition thru mid Sep. The oil as gas inventory will be adjusted for the winter months. With that said I do not see oil above 95 for a while. As it stands now I think it is cheaper for the large cap energy companies to go outside for foreign investments in the US.
I do think cop and exon will be investing in Australia on land based developments. Karoon will have to step up with solid information soon to protect the stock value.
Karoon is still a great investment and the current prices will not last long.
Bob
kar - cheap as chips with huge upside, page-24
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$1.49 |
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Mkt cap ! $1.191B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.53 | $1.47 | $4.767M | 3.193M |
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| No. | Vol. | Price($) |
|---|---|---|
| 26 | 144825 | $1.49 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 52465 | 12 |
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