KEY 0.00% 0.1¢ key petroleum limited

Haspete,Yes, I also noticed the dance of the props.This could...

  1. 18,880 Posts.
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    Haspete,

    Yes, I also noticed the dance of the props.

    This could either be a legitimate tool to get the share price back to 'full value' (whatever that has been determined to be), or as a prop for a trader to dump his shares into the stampede.

    There is no way we can tell which it is at this stage, but it is a good sign they are still there after market.

    But given market cap, recent price history and trading volumes( 42.1% of issue in last 6 days!) I tend to think KEY has a higher price target. Certainly if the well test gets a good result.

    I had a few tiny nibbles at 14.5 and 20c, but the bulk of my shares were purchased in July at 27.5c, so I would obviously like it to go higher.
 
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