I was surprised to receive an entitlement for KEYR today.
Why have they sent out entitlement forms when KEYR trading is still ongoing?
I went and bought more KEYR on market which is obviously not shown on the form, but to my surprise I see that I didn't have to do this.
I could have just subscribed for the -> shortfall <-, and by the look of it it is going to be huge. I feel like a fool for buying KEYR when I could have applied for the shortfall.
I really dont understand the reason for this rights issue at all then. Why not just have a SPP and a similar shortfall application. What is it all for?
No institutional buyers. No significant news to bring new shareholders on. Why??
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- keyr - looks like 21/7 is the date.
keyr - looks like 21/7 is the date. , page-20
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