KAR 0.27% $1.84 karoon energy ltd

karoon gas potentially baby woodside c aitken

  1. 327 Posts.
    Charlie Aitken has been more right than wrong lately - interesting comments below....

    Karoon Gas (KAR.AU) potentially "baby Woodside (WPL.AU)" and "the next Fortescue (FMG.AU)," says Southern Cross Equities Director Charlie Aitken. Recommends buying Karoon up to A$4.00 for A$20.00 to A$40.00 in the next decade. "KAR is strategically very well positioned with highly prospective offshore
    Browse Basin acreage, a world-ranking JV partner in ConocoPhillips, substantial net cash and proven management. The KAR investment proposition is very high risk for potentially very high reward." Says Australia has mispriced its LNG for two decades, with
    repricing likely over the next decade and beyond. KAR up 18% at record high A$3.90, vs A$2.25 close last week.
 
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