KEY 0.00% 0.1¢ key petroleum limited

can we have it back please, page-15

  1. 6,736 Posts.
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    Good Luck, you never know by the end of the year we may be one company and you will get your assets back?


    Roznov, I've been thinking about this and no longer see a compelling case for a reverse takeover.

    It appears now that KEY was either used as a funding vehicle for the Canning assets or was a fallback position for CM in the event things blew up with existing EGO shareholders.

    Given that KEY's international assets have all been labelled as non-core and plans are in place to sell them off then that only leaves the cash from the sales and half of EP437.

    I don't see either as being a compelling reason for a reverse takeover.
 
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