Just a thought, perhaps KEY wants to keep the shares out of the hands of traders/speculators thus requesting approval for a large issue to restrict wild movement in share price leading up to and during the workovers of the Lidsey and Brockham oil fields?
Hmm.. It makes good sense, as this is exactly what is happening now. We'll see. Hopefully, this means that they are confident about the future, which will bring big price moving news, and the current long term holders will enjoy the full effects without the price to be spoiled by traders prior to that.
Merry Christmas to everyone!
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