KEY 0.00% 0.1¢ key petroleum limited

key finally gets there, page-6

  1. 2,814 Posts.
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    Hi James,
    Yeah, you're right i am emotional and probably a good walk would do me the world of good.
    However, they do not have a great deal of cash and to raise any considering the demise of the share price would only add to our problems when you consider the dilution involved in this?
    I have not had a go at Kane Marshall as i believe he has done a good job of running the company since he took over management.
    I have called KEY today for what it is, when a company's share price is in the $0.01 category if it isn't a Penny Dreadfull then what would you call it???
    Considering the decline of the share price whilst drilling was ongoing i did not expect todays crash even though the well is now a duster.
    I am very well versed in the success/failure rate of O&G company's so todays announcement does not surprise me, but the reaction to a share price that has continually fallen during the drilling and has now crashed to the above classification did surprise me!!
    Cheers,
    dapper
 
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