KEY 0.00% 0.1¢ key petroleum limited

IMO, I don't think you could blame the company on the Share...

  1. 265 Posts.
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    IMO, I don't think you could blame the company on the Share price; a company is an entity run by management. You need to look at it holistically for instance key fell .5 cents or 4% on 78,000 shares. There is a total of 92,000,000 on issue and another 46,000,0000 to be issued if all rights exercised. It climbs and falls on small volume thus value. There only needs to be a strategy put into place, by management to move the company forward.

    This Strategy is now taking shape with the UK - oil fields purchase. The management know that shareholders want results, so they are looking at alternative cash flow generation, while they work on the other exploration activities.

    They can only move as fast as their partners, stakeholders etc move.

    Anyway it's your money, you do what you want, not what others tell you.


 
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