Let it be known that although the stock has had an excellent run in the last few days, it won't stop simply due to the fact that the percentage rise reads '220%'. Remember the stock was valued at half cash at 6 cents, when shareholders were suffering a crisis of confidence and it appeared that KEY was the single worst possible stock to be in during a crashing market. They were going for 10mmboes oil, and people wrote off their chances - as did I. In the end, we were right. No oil - but pretty much out fo left field they'v come up with a gas discovery.
At 22 cents per share - mkt cap is 19M.
12M cash in bank, this means the discovery - as t4p often says - is valued at 7M. This stock still has further to run before it is properly valued.
Forget it guys, there are no hidden ghosts or skeletons in the closet with this stock. People usually say that if it is too good to be true then it probably is, KEY is the exception. It was thrown out with the bad during recent falls, and only now people are coming around to the fact that it is quality.
SS.
- Forums
- ASX - By Stock
- speeding ticket
Let it be known that although the stock has had an excellent run...
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
Add KEY (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.262M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
KEY (ASX) Chart |
Day chart unavailable