KEY 0.00% 0.1¢ key petroleum limited

re: Ann: Appointment of Kane Marshall as CEO ... I don't get...

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  1. 17,111 Posts.
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    re: Ann: Appointment of Kane Marshall as CEO ... I don't get that corporate play. Why would they put an asset into KEY and then do a T/O to get it (and others) back.

    It does not make any sense to me. Why would they not have just made an offer to KEY shareholders for the TZ/UK/Italy/Surname/Aus assets. Given the last few years I doubt many would have refused.

    Makes more sense to me that they wanted their canning basin assets in a separate vehicle so capital could be pursued specifically for those assets without impacting the existing EGO register and providing a clear risk division.
 
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