KAR 5.33% $1.51 karoon energy ltd

My thoughts, page-88

  1. 2,936 Posts.
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    You are new so i understand your justification. got in under 40. want a quick kill and sell. There are some that still have a higher price than the cash backing. I was one also until last Thursday. But feel that they should keep Bauna. Maybe they could give Petro the idea that they are walking away and see what transpires.
    There might be options available but feel Kar would have stated this by now.

    This crash has just happened, need time for people to get their head around it. panic decisions could be to out detriment latter. cool heads are in order.
    As you said and pumping oil at 7$ loss is sobering. many are loosing more than 7$ hence the need to fix this problem from all players.
    There is a lot of breast beating going on .
 
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