KEY 0.00% 0.1¢ key petroleum limited

Just comparing the two.Ignoring the expl assets (mostly written...

  1. 17,111 Posts.
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    Just comparing the two.

    Ignoring the expl assets (mostly written off anyway), KEY has a net BS value of 4.5m and a cap of 6.7 valuing it's prospects/management ability at 2.2m net.

    CVI has a net BS value of -1.4m and a cap of 3.9, valuing it's prospects at 5.3m net.

    CVI is valued at double KEY! Clearly I was a fool to invest in KEY when CVI was the better company according to the market.
 
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