KAR 4.67% $1.53 karoon energy ltd

An offer around the $10 mark would be laughed off ... their is...

  1. 1,325 Posts.
    An offer around the $10 mark would be laughed off ... their is no way in hell, the board would support something like that .

    This is bob's baby and i doubt he will let it go for a firesale price it just won t happen .

    The majority of karoon holders are smart cookies ,that is why they hold the stock ,again 100 % of the people i know in the stock personally and that includes some very large holders would not sell at that price ...it would be ridiculous .

    The offer iF it was to happen would need to be many multiples
    of the current price to even get a look-in .


 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.