Gday nana
Good Luck with your theory,
For me, the only reason KEY has retraced to 11 cents is the rights issue which has now concluded. Once the dust settles, I expect KEY to be back in the 20s, especially when they finalise the UK deal and provide seismic results on KN#1. The Global markets have turned in KEY's favour now ( sentiment & commodity prices ), which I believe will be a driver in moving their sp northward in the weeks ahead.
Just my view
Cheers
R
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