KEY 0.00% 0.1¢ key petroleum limited

Well. Would it be fair to say a second capital raising is more...

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  1. 886 Posts.
    Well. Would it be fair to say a second capital raising is more likely now to occur later this callender year?

    I think the $1.033m raised by this company is really only enough to cover the directors wages for the year! Cynical - maybe, but only because of how we've been treated!

    At least we haven't been too dilluted.

    Maybe this is a sign that they still expect to get some cash-flow out of the Tanzania sale. Otherwise they would have sought alot more.

    Anyway our SP will stagnate at this level for quite a while now. Until those sophies have taken their profits and run! At the very least they should have put a minimum hold period on them, say 6 months.

    So us normal shareholders are just going to get screwed as usual!
 
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