KYC 0.00% 57.5¢ keycorp limited

why the strong recovery

  1. 752 Posts.
    So I have to ask the question, "why is there a strong recovery going on with the KYC share price".

    On the 30th August, when the Preliminary Final Report was released the share price was down at 27 cents, since then it has rallied to close at 37 cents today*

    Perhaps people just think it was way oversold in March when it dropped virtually overnight from 80 cents to 40 cents.

    *I'm willing to accept that 1 cent of the rise which occurred today was due to a new managed service contract worth $6m
 
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