KAR 0.00% $2.16 karoon energy ltd

Scitty, I know. As you have probably gathered I feel that...

  1. 2,945 Posts.
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    Scitty,

    I know. As you have probably gathered I feel that corporate activity is around the corner. There has been constant critisism of the fact that the register is low on retail and overflowing with institutional investment. Fair enough.

    Now these institutions are not puppy dogs. They will not give up their investment for four bucks. They will emerge as the heroes when push comes to shove.

    In my view Kangaroo looks like it will reward us on the upside.

    Add these two probabilities and then factor in a fight for control, highly probable with success at Kangaroo, then $7 plus is up there flashing in lights. Alright all this is priced for perfection but the institutions will want this, so hang onto their shirt tails and go,for the ride.

    Alhambra.
 
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