KAR 1.45% $1.36 karoon energy ltd

Fellow Karooners,Thanks for an educative thread (unlike the...

  1. 790 Posts.
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    Fellow Karooners,

    Thanks for an educative thread (unlike the other one that got a bit jijacked today). Everyones comments were interesting but I was particularly persuaded by the analysis provided by Bipoz and Jovanco. In short, sentiment is trumping fundamentals. I get it.

    But this, and Mr H Parsnip's sad post, raises a question. If sentiment is bad and a CR is possible, what compelling reason is there to hold at the moment? You hold if you think there may be a re-rating, and you dont want to miss out. But thats not the sense on this thread, at least not for the time being. Instead there is the possibility (likelihood?) of a CR which could see the SP go down further.

    My question is this: if you are a KAR true believer, why wouldnt you get out now so you can get in later and own more shares for the same price? The future is bright, no doubt, but is just holding the brightest strategy? Not asking for advice, just thoughts....

    Cheetah
 
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