KEY
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0.00% 0.1¢ key petroleum limited

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

  1. Surandy70
    6,736 Posts.
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    27/06/13
    22:35
    Post #: 11937882
    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.
    KEY Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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