KAR 3.32% $1.87 karoon energy ltd

what the board could do, page-2

  1. 6,162 Posts.
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    warrior,

    In a round about way - i think you have the cart before the horse here.

    The reason it is done is it is very easy to do - the share price action and of course the reason for that is the real reason why we are where we are.

    KAR have failed to give any semblance of stimulation to the market.

    Of course you can't create news...but we have a media organization don't we? Where were / are they with an article regarding the recent pre salt Auction and the effect this could have on KAR..
    where are they when the inevitable Ken Talbot rumor comes out...where are they when Fideltiy tell Business Spectator they are selling down?

    Where are they with a small point or two on the Gas Glut as a an ASX 200 Company i am sure their comments would be as welcome as any other industry participant.

    A little update on why we are drilling Grace on our own after telling the market in every update there would be an imminent JV for the Grace and Browse and Brazil... and Peru.

    A small update on why after 3 years we are no further advance with receiving approval for Marjua JV with PRE or even when or if a resource upgrade or downgrade for that matter may be on the cards?

    Now what we got was a Company spokesperson Mr. Wooton telling us ...'no resource upgrades for 6-12 months'..that's what we have heard from the Company.

    You wonder why shorters and insto's can do with it what they like the SP?

    Director's putting cash up smacks of the same type of desperation when they put out the Brazil update to the market - around the time Wooton said no resource upgrades for 6-12 months and coincided with the real decline in the SP from Cr time....

    Also there are 'block out periods' in which Directors can't buy within ...is it 3 months of material news??? cato - this could be the reason the big JV is here!!

    If they think 'commercial confidences and acting like Humphrey B Bear is the way to play the game right now- that is their choice and they must have some some reason - fathoming it is perplexing.

    Heh Baudin...you stated cumulative shorts 800k?? and ASX shows 133 ..this is always the question that no-one can understand how do you know the difference when all we see is the ASX short reporting and you give us a cumulative figure?


 
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$1.87
Change
0.060(3.32%)
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$1.83 $1.87 $1.81 $10.89M 5.914M

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No. Vol. Price($)
2 55493 $1.86
 

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Price($) Vol. No.
$1.87 47395 5
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