KAR 0.53% $1.90 karoon energy ltd

I'm surprised no-one's already said it, but I think Karoon...

  1. 82 Posts.
    I'm surprised no-one's already said it, but I think Karoon simply wanted to arrest the SP slide. Not good for share holders (esp if you're facing margin calls) & not good for the net worth of the company.

    In regard to their current drilling progress, I believe the Browse program is falling into place nicely. As far as short term SP, I can only HOPE.
 
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