KEY 0.00% 0.1¢ key petroleum limited

31/3/13 cash at bank = $3.698m27/6/13 market capitalisation =...

  1. 6,736 Posts.
    lightbulb Created with Sketch. 122
    31/3/13 cash at bank = $3.698m
    27/6/13 market capitalisation = $2.703m

    There is no way that KEY has burned through nearly $1m in cash in the last 3 months.

    So basically KEY is trading at a discount to their cash balance!

    I would be tempted to pick up a few more except I'm already too far in the red to justify throwing more money at KEY.
 
watchlist Created with Sketch. Add KEY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.