KAR 3.03% $1.44 karoon energy ltd

Anyone remember these bold posts from 30 August:-There is no...

  1. 2,946 Posts.
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    Anyone remember these bold posts from 30 August:-

    There is no conspiracy theory - lets face it,this stock/company has been overhyped. Like those Internet stocks back in th 90s, reality has set in. As predicted this Closed down below $4 today despite what the good Dr will have you believe. My guess is this will close around 3.70 tomorrow and we will be lucky if this doesn't drop below $3 next week. I won't hold my breath for any good news coming out - they will prob come out with the same crap they normally come out with ie more delays, hoping for farmout yadayada - market getting tired of their crap.

    and:-

    I also get a sense that they no-one in this environment is happy to commit to investing in their Brazil project - lets face it, BHP has already come out and called the end of the commodity boom, who in their right mind would now want to invest in a potential field! - KAR has clearly missed the boat and now they seem to be clutching at straws - read their announcements, they are now "hoping" to get an investment - prob down at the Church everyday praying for a miracle!

    and there were other sceptics but where are they now? Egg on face for those down ramping sceptics. Anyone for some humble pie?

    ANZ
 
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