KEY 0.00% 0.1¢ key petroleum limited

If EGO are anything to go by they will hold the price up for the...

  1. 3,024 Posts.
    If EGO are anything to go by they will hold the price up for the next week and that will give the S/I's time to unload them at a profit,and then you will drop back again to under 2.5c.
    Hope I'm proved wrong for your sakes.
    But if you read the report it states they probably won't be able to carry on business without a capital raising.
    So for the last few weeks the price had to be pushed up so they could offer it at a price that is a discount.
    A capital raising takes a few weeks to organise.
    Price goes up,capital raising follows.All a coincidence?
    You make up your own mind.I've been in EGO long enough to
    have made up mine.
    Cheers pb
 
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