KEY 0.00% 0.1¢ key petroleum limited

Gday Surandy70,You have every right to be suspicious and may be...

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  1. 1,089 Posts.
    Gday Surandy70,

    You have every right to be suspicious and may be interested in this.

    I tried to ring KEY the other day however I mistakenly rang the number which was on the announcement made Dec 8. The phone was answered by someone from another company, cannot remember the name. Anyway, when I asked for Ken Russell, I was told he was busy and asked if I wanted to leave a message??.

    Anyway, after I hung up the phone I remembered a subsequent announcement advising KEY had changed their company address (phone and fax), so I thought I would ring the new number also. This time a woman answered the phone and told me I had rung Empire Oil & Gas. After chuckling to myself, I said I was after KEY Petroleum, and in particular Ken Russell. I was astounded by her reply…….”Oh KEY, yeh we bought out that company and Ken no longer works there, and would I like to speak to Craig Marshall. I declined and hung up scratching my head trying to work out who is actually looking after my shares,lol.

    Anyway, it did get me thinking.

    What is the possibility that at some stage an offer to KEY shareholders is made to exchange 1 KEY share for say 2-3 EGO.

    I find it hard to think that these two companies will be left as separate entities for too long.

    Thoughts?

    Cheers
    R
 
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