KEY 0.00% 0.1¢ key petroleum limited

Probably a stale holder from the shares that recently came out...

  1. 1,059 Posts.
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    Probably a stale holder from the shares that recently came out of escrow.

    I'm not too worried - looks like there will be plenty of progress made by KEY over the next 6 months.

    Not too many companies that look like they will be near term producers are valued by the market at an EV of less than $3M. It's a joke really, but goes to show how short sighted investors (loose terminolgy!) become.

    Yes, it looks like the SP might slip a bit until all the action hots up in 3 months time.

    I'm going to settle into my seat and wait for the action when it hots up. This is going to be really entertaining, watching people try to buy in with such a low volume of shares listed in the sell depth.

    At some stage real soon, KEY is going to rocket. AN EV of $20M will put the SP at about 30c. That's a fair risk to reward scenario for buyers/holders at the current levels.

 
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