For me, the only reason KEY has retraced to 11 cents is the rights issue which has now concluded. Once the dust settles, I expect KEY to be back in the 20s, especially when they finalise the UK deal and provide seismic results on KN#1. The Global markets have turned in KEY's favour now ( sentiment & commodity prices ), which I believe will be a driver in moving their sp northward in the weeks ahead.
Just my view
Cheers R
KEY Price at posting:
9.9¢ Sentiment: ST Buy Disclosure: Held