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I get what you are saying Jake but I'm not sure on the legality...

  1. Surandy70
    6,736 Posts.
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    22/01/14
    20:31
    Post #: 12841398
    I get what you are saying Jake but I'm not sure on the legality of it in regards to the takeover provisions.

    My thought is that perhaps KEY were only allowed to issue 19.9% of the existing shares on issue without triggering the t/o provisions.

    Then today they have issued additional shares to ASF to top them up so they hold 19.9% of the expanded shares on issue?

    KEY Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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