KAR 1.22% $1.22 karoon energy ltd

equity raising - too late to buy cheap

  1. 82 Posts.
    I'm no expert, but I don't think KAR will do any raising whilst the SP is so low. I expect they'd wait until the independant Poseidon results push the price up, i.e. say goodbye to bargain prices.

    If the raising comes before the results, then we're in trouble.
 
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