KAR 3.03% $1.44 karoon energy ltd

Macquarie says Karoon worth $5.15 if oil > 100, page-304

  1. 93 Posts.
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    but what is the main thesis for people?......mine is- the Price of oil is bringing in super profits- they can increase production which they are ramping up- but like what is the relative value? like it cant go to infinity- possibly at a stock price of $2.5 (is that he max multiple it could reach) that would be a good exit for me
 
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