KEY 0.00% 0.1¢ key petroleum limited

options, page-40

  1. 189 Posts.

    This is true Askier, and is a positive for options holders. The one single goal of the management is to now get the KEYO 'in the money.' I would not underestimate the capabilities of this management team.

    But like I said, even if we enter a recession there is hope. Stock markets perform reasonably well during recessions because they are a 'predictor' and are 'ahead of the curve.' With a bit of luck, the equity market could predict somekind of a recovery over the next six months which will see the heads rise.

    In actual fact, I think the heads need to be comfortably higher than 35 cents for the options to expire 'in the money,' especially in a market such as this. So 37 or 38 cents would do it, I think.

    Time will tell. Best of luck to all holders.

    Mudguy.

 
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