KEY 0.00% 0.1¢ key petroleum limited

kalmsg,I love your optimism but each time someone keeps buying...

  1. 2,814 Posts.
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    kalmsg,
    I love your optimism but each time someone keeps buying and holding the sp in a pattern, up bobs the 100,000 and 200,000 sell orders on a very consistent basis.
    I like you have always thought that KEY has enormous upside but i am not a fan of the current management, simply due to the fact that they run it like a private company and do not keep their shareholders "fully" informed.
    The info released on HotCopper re KN#1 the other day is a perfect example of that.
    Judging on the comments on HotCopper, shareholders mostly considered that information should have been released with an ASX announcement, Ken obviously does not think so?
    I will agree that when i have contacted Ken he does have the courtesy to respond.
    The facts are that KEY was floated at $0.30 and currently sits at less than half that value and KN#1 is coming up in April to 2 years since the announcement of being a successful well and will have early commercialisation?
    In my e-mail i made mention of that fact and he flatly denies he ever made that comment, i suggest he goes back and reads his ASX release.
    I hope your assessment bears dividends, but i will not hold my breath!
    Good luck,
    dapper
 
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