KAR 2.02% $1.70 karoon energy ltd

Can't follow that logic. A good asset sets you up for years of...

  1. 12,825 Posts.
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    Can't follow that logic.
    A good asset sets you up for years of cashflow and profitability.
    Good assets in the right locations with value pricetags are rarely on the mkt.
    You have to get them whilst they are available.
    Petrobras are selling good mature assets, paying down debt, refocusing their ops to presalt...The price of those assets for sale rises with POO.
    They won't be cheap for much longer.

    A non operated asset on the side would be very welcome. Far superior to a couple of bucks. IMO.

 
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No. Vol. Price($)
1 1603 $1.70
 

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$1.70 3178 1
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