re: Ann: Appointment of Kane Marshall as CEO ... So the Benefit...

re: Ann: Appointment of Kane Marshall as CEO ... So the Benefit is mostly to KEY shareholders?

Exactly my point. Then why would CM as the current MD of EGO disadvantage his EGO shareholders? Does he deliberately want to strip value from EGO shareholders and give it to KEY shareholders? I doubt it.

I still think they just wanted a separate vehicle for their canning basin assets due risk, capital requirements and the odds that with the EGO register so stuffed (10% in top 20) and endless share churn (probably their own fault if doing massive placements continually) they would not be able to attract institutional equity investors to EGO, where they are more likely able to do that with KEY due smaller cap, slightly better register which would likely improve substantially if a couple of big equity investors were bought into the register at these prices.