KAR 2.36% $1.95 karoon energy ltd

Management are the only ones that stand to benefit out of the...

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    Management are the only ones that stand to benefit out of the GOM. IMO they could see that Bauna is depleting quicker than they expected and also problems arising, that’s what the rushed over priced purchase was all about, to keep the bonuses coming in.
    They would have known that the market wouldn’t have valued the company even with 30% of whodat at over 2 billion bucks. That’s where it would be at $2.70. It’s all about them, couldn’t give a shitt about their sponsors. Neon will be all piss and wind, won’t have the shackles to do anything about that for a long long time without further depletion of the sponsors.
    But then again, they blow about quality management and number 1 priority is creating value for their shareholders. How’s that going, maybe CEO, PB the creator of this thread or Look and Can’t See the Wood for the Tree's might be able to enlighten.
 
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