re: Ann: Quarterly Report for quarter ended 3... asteroider, I too find it interesting.. but you raised 2 key points (no pun intended)..
- The markets are not efficient
- There is no commitment to do a placing.. this needs to be clarified by KEY in due course.
The reality of the last few days is that sells worth less than $100k have pushed the sp down significantly.
One decent set of news or clarification of what is going on could impact significantly.
I tend to agree with Surandy, until we get news or the AGM we will trade in the 11c-16c band which is well under where KEY should be.
Your comparison with RFE highlights the leverage we are exposed to.. of course the other question raised could be is RFE over priced.. but we dont need to dwell on that I guess.
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- Ann: Quarterly Report for quarter ended 30th Sept
Ann: Quarterly Report for quarter ended 30th Sept, page-17
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