KEY 0.00% 0.1¢ key petroleum limited

higher risk potential trade on this due to overdue announcements...

  1. 17,111 Posts.
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    higher risk potential trade on this due to overdue announcements and uncertainty of DD outcome.

    Volume has improved in recent days, and rsi/macd are having a peep.

    Uncertain overhang of shares from recent SPP, but recent trading at 12.5 indicates there are not too many dumpers selling for a mere 1.5c profit.

    An aggressive buy late in the day today despite very poor buy depth, followed by a weak close. Vwap today ~5% above yesterdays on 300% or 100 day average volume.

    Overdue UK announcement might propel it in one direction or the other.

    DYOR.

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