Key Petroleum Announces Security Consolidation Strategy

Key Petroleum Limited (AU:KEY) has released an update.

Key Petroleum Limited has announced a security consolidation of its ordinary fully paid shares, set to commence trading on a deferred settlement basis from December 2, 2024. The consolidation is part of a strategy to potentially enhance the company’s stock value and marketability. Shareholders have already approved the move, with all necessary conditions met by November 28, 2024.

For further insights into AU:KEY stock, check out TipRanks’ Stock Analysis page.