KAR 0.28% $1.80 karoon energy ltd

I’ll start by saying that I’ve been in this stock since 2016…...

  1. 1,167 Posts.
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    I’ll start by saying that I’ve been in this stock since 2016… it’s been a hell of a journey.

    I received a call today checking on my vote … so I can assume for the first time the company is taking this seriously.

    I am deeply upset about the dilution and share price reaction to the whodat acquisition… and the fact that management seemingly don’t care about shareholders.

    i cannot and will not support management loading up on options and shares at a low price while us shareholders underperform the market and the oil and gas sector.

    i am OK with acquisitions that are done as shareholders make money … so at $3 and then next acquisition at $5 etc.

    i cannot and will not accept shareholders suffering. Therefore I am voting against management on this and I would like a buyback implemented… while share price is low - at $3+ I would support a better use of capital (like acquisitions).

    PB
 
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Last
$1.80
Change
-0.005(0.28%)
Mkt cap ! $1.438B
Open High Low Value Volume
$1.79 $1.80 $1.77 $8.348M 4.675M

Buyers (Bids)

No. Vol. Price($)
1 27134 $1.79
 

Sellers (Offers)

Price($) Vol. No.
$1.80 13999 1
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Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
KAR (ASX) Chart
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