KEY 0.00% 0.1¢ key petroleum limited

re: Ann: Entitlement Offer Prospectus and App... Hmm, no...

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    re: Ann: Entitlement Offer Prospectus and App... Hmm, no underwriting. No director has given any indication of whether they will exercise their entitlements in part or full.

    Lead Manager gets 6% fee for shares not taken up by existing shareholders. So if Pursuit Capital take up any shortfall themselves then they'll get them at a 6% discount, ie 3.76 cents.

    From 30/9/10 to 28/10/10 (4 weeks) KEY's cash position has worsened by $796k!?!?!
 
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