KAR 4.43% $1.46 karoon energy ltd

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  1. 12,390 Posts.
    Good example Stevo of sentiment for the sector at present..especially with the stocks that have no earnings.
    Woodside and Santos are both half what they were 5 years ago. The 12 dollar days of Karoon was no different to the internet bubble, money being thrown at dreams and not assets. The appetite since has been for yield. eg banks at record highs. Not to say it won't swing around and a fairer SP will be the norm.
 
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