KAR 4.98% $1.53 karoon energy ltd

I still think it is cheap however if your Av price is still...

  1. 70 Posts.
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    I still think it is cheap however if your Av price is still around the $6-7 mark and you think that it will get back over this once drilling starts I would be worried, so I would be buying in to get your av down if you plan on selling short term or if you are a long term holder Kar will be a roller coaster for the next 2-3 years just like history has shown. Im in for long but dont get greedy this time round becuase if the market doesnt improve we wont see $12 unless they prove there is a big find - here,s hoping they do !

    GSM1
 
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