KAR 0.18% $1.39 karoon energy ltd

Well , its been 8 years since I posted and 14 years of being...

  1. 70 Posts.
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    Well , its been 8 years since I posted and 14 years of being invested, , I think I only remember Stevo being here that long . To date no phone call, probably because we are not Oz residents but it would have been nice to get a call so I could give them some advice ( aaahhh ) I'm sure some of you are thinking why did you hang on to this stock for so long? Well for a few good reasons and a few bad reasons , . Every time It gets a run on and has good news we have some kind of catastrophe only for the stock price to drop lower, I was lucky to sell half in 2017 at break even and thought I would wait until the dollar recovered and hopefully the share price improves, but no it never happened, so I waited and waited then covid hit. I think the low was 50 cents and cash in the bank was way more than that so we bought back in . Then we became a producer, new management and the Hoskings gone, I thought well things are looking better . We now find ourselves at this point of unrest again, I want my money now and if a dividend is all I get,that's better than probably waiting for anything else to happen. If it wasn't for the Covid low , the share price has done nothing but dilute with cap raising, Dont see how this has been good for shareholders while management get their performance incentives .

    Patience has run out and Im getting old

    Cheers GSM
 
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$1.39
Change
0.003(0.18%)
Mkt cap ! $1.096B
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$1.40 $1.41 $1.39 $898.8K 641.9K

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No. Vol. Price($)
17 127185 $1.39
 

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Price($) Vol. No.
$1.40 44267 11
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