KAR 2.81% $1.83 karoon energy ltd

Macquarie says Karoon worth $5.15 if oil > 100, page-624

  1. 409 Posts.
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    Aussie & global fund managers are seriously underweight oil and gas and there are few pure oil plays for them to buy on the ASX.

    Karoon is cheap and now a scarce commodity as one of the few listed pure oil plays on the ASX. Now oil is pushing $100/bbl, it should be well bid for the rest of 2023.
    Last edited by Edson: 28/09/23
 
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