I'm expecting that KEY come out shortly with a strategic review of their assets...well that would be the smart thing to do given that they now at least have a future.
Nicto, this is a tough one.
You say it would be the smart thing to do, therefore I am inclined to believe that it won't happen.
KEY's past track record would suggest that it won't happen, and from what I've read about our Chairman it seems to support the view that we won't hear anything soon on a strategic front, unless it is a RTO or some other capital raising or restructure.
I'd love to be wrong and, like the rampers that have suddenly appeared from the void, I'd love to see this back in double figures. Of course if this hit double figures I'd sell down some, or all, of my holdings.
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