Here's what I said in mid-September:
Karoon Energy (ASX: KAR) is building towards investment decisions and their buy-back has kept the share price low.
Have a good look at the BoA presentation because I feel there might be some good results here to finish the year. I will check back in 6 weeks, but at $1.59 I wonder how much further the share price will fall (probably ready to drop to around $1.35 - let's see how accurate I was).
I was right about the drop, down to $1.41 (that will have made the shorters happy).
There has been a bunch of management changes and some infrastructure challenges, this is a "I am not confident" call. I will check back in June next year.
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