KEY 0.00% 0.1¢ key petroleum limited

Hmmm, Not a good way to wake on Saturday morning and see a dry...

  1. 1,089 Posts.

    Hmmm,

    Not a good way to wake on Saturday morning and see a dry well being plugged right next to your own backyard. I must admit I got a little concerned when I saw that 500k buyer pop up on Friday afternoon on KEY at 7.1c. Followed by another 200k at 7.8. Straight away I thought, “a dry well at DPL” and someone is getting set for a sell off.

    Anyway, it will be interesting on Monday. IMO, I think there are quite a few buyers off the screen waiting for a chance to accumulate and any sell off well be met with open arms. Interesting with DPL sp reaction, went up 100% on good volume in anticipation, dropped only 34% on very small volume when announced a dud.

    Half yearly report will be out next week, not holding my breath on any immediate WSS developments now IMO. Agree with others, Italy needs to be the focus and IMO someone at KEY needs to pick up the phone ( if they have not already) rather than post a letter to the Italian authorities to get action......hopefully the half yearly will surprise with some good news there.

    Still, plenty of other news coming out soon which will be very good reading IMO.

    Cheers
    R
 
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