KEY 0.00% 0.1¢ key petroleum limited

tz exit

  1. 1,089 Posts.

    Interesting spin on the sale……

    IMO, BUY really paid USD $44,470 in cash plus an undisclosed number of shares equivalent to AUD 156K.

    Given BUY’s sp is sitting around the 2c mark, any guess on how many shares we will get, and at what price will the “transaction” be struck at.

    IMO, after all the wheeling and dealing (previous management), we got circa $200k to exit Tz after initially being involved (20% interest) 4 years ago in one of the biggest gas discoveries in 25 years in that area, according to some early reports

    ........enough said..........bring on Canning & Perth.

    Well done KM and team for disposing of our useless assets.

    Cheers
    R
 
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