KAR 2.10% $1.40 karoon energy ltd

Pkocsis and othersHold on tight guys... The fall from $12+ to...

  1. 192 Posts.
    Pkocsis and others

    Hold on tight guys... The fall from $12+ to $2.80 odd was more gut wrenching than this, and yet it recovered. We will have our day in the sun, since the days of $12 we have gone from being a speculative gas company to a huge Oil & Gas company with 2 major (3 if the chinese deal goes ahead) well funded partners from different parts of the world who all want a piece of our action.

    We have a lot of proven resources and its only a matter of time before its reflected in the SP. I agree KAR's media department dont put out higly attractive press release to the market place to hype the SP up, but I'm happy to fly under the radar.

    I would be interested to see why its dropped $2 for no reason (other than good news)

    At the end of the day.. The fundamentals haven't changed, they have only got better, and we are supported by potentially 3 world wide partners. I personally dont think Bob would accept a takeover offer. If it was done by acquisition, then the I believe the SP will rocket...

    Personally I have been on this ride for 6+ years, and would like to see it through to production, who knows maybe one day we could be collecting dividends... Besides if I sold out.. what would I do with my days?

    And on a person note, Pkocsis, everyday I am grateful to you for sharing this with me.. Yes, I chose to take the risk and invest money in it, but I could see the potential of the company in your passion, (unlike AV* and SD* but thats another story (apologies for cross promotion)) So if I never said it, Thank you.

    Anyway these are only my opinions and like a**hole$ - everyone has one

    Hold tight and go the ga$
 
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$1.40
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