let’s keep this very very simple.
karoon raised $1bn at $2 which was really at 2.30(moved into event ). To buy an asset which has massive growth opportunities and diversified its production.
its now buying that $1bn back at 1.37 or let’s say at $600m valuation. It’s insane
its also giving a 5% div yield in the process.
we have a 8% short interest .. at some point they have to cover.
this is such an amazing opportunity for all retail investors and to be frankly honest I wish I could buy more.
you get 40k barrels a day of oil with super low cost in a energy demanding world… with geopolitical risk.
Goodluck all.
PB
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Last
$1.93 |
Change
0.030(1.58%) |
Mkt cap ! $1.414B | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.93 | $1.87 | $6.740M | 3.528M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5132 | $1.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 10693 | 2 |
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| Last trade - 16.11pm 08/08/2025 (20 minute delay) ? |
| KAR (ASX) Chart |