acquires zeta petroleum, page-2

Oh boy. Yet another crappy deal. Huge dilution explains the constant small parcel selling to keep the SP as low as possible over the last few months.

Looks like current KEY management think KEY's assets are worthless. Obviously haven't managaged to get a good price for TZ or are they merely doing the dilution at the bottom.

I mean seriously valuing 58bcf and 1mbo at $12m@4c when we have all kicked in huge amounts at higher prices and have a string of much larger projects waiting for approval and assets to sell.

Backs against the wall. I see Ken has managed to keep the bread coming in.