With oil prices in the US$80-$90/bbl Karoon is a cash flow monster .
No one needs $200/bbl as it would only result in demand destruction and a collapse of the oil price down to below the cost of production in many markets .
The Middle East and Ukraine are like to remain unstable for the foreseeable future so supportive for the POO . That should be more than enough for Karoon’s plans to deliver returns for shareholders and grow its business .
With oil prices in the US$80-$90/bbl Karoon is a cash flow...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.72 |
Change
0.000(0.00%) |
Mkt cap ! $1.370B | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.73 | $1.70 | $2.929M | 1.711M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 57630 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 157795 | 34 |
View Market Depth
| Last trade - 12.39pm 24/06/2024 (20 minute delay) ? |
| KAR (ASX) Chart |