KAR 2.55% $1.34 karoon energy ltd

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  1. 744 Posts.
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    FWIW:

    While the farm-downs have been delayed beyond prior guidance of end-CY13, we do not see this as a negative reflection of the outcome, but rather reflective of timing that is normal for this process (KAR wants to take the best offer, not the first offer). We understand that farm-downs remain at an advanced stage and interest has been high. We expect a deal to be finalised at Browse & Brazil by mid-CY14, Peru by late-CY14.


    mid-CY14??????

    more uncertainty!

    it's piss-poor that we have to hear it from a second rate bank that failed a recent Fed stress test!
 
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$1.34
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$1.35 $1.36 $1.32 $6.009M 4.500M

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No. Vol. Price($)
6 3803 $1.34
 

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Price($) Vol. No.
$1.34 75802 16
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