What amazes me is when CM fire saled the Canning leases to KEY...

What amazes me is when CM fire saled the Canning leases to KEY for 52million shares it equated to under $100k in value. Since the acquisition has been completed, KEYs market capitalisation has increased by more than $6million (this is inclusive of the $1mill placement).
And you wonder why EGO shareholders are up in arms about CM, the "deal", his construed conflict of interest, his son as CEO of KEY, the sharing of offices (what the??) when CM is supposedly a fulltime employee of EGO. BTW, this is only the tip of the iceberg so to speak - as the unhappy shareholders of EGO (SHAG) continue to delve into CM's business dealings present and past, you will see a pattern as the KEY deal is not the only thing that potentially will be scrutinised from the skeleton closet.
It will be interesting watching this play out. I am not a holder of either but a believer in open and transparent management of publicly listed companies. This one appears to be destined for the media - it has already packed a mention in The West Australian last Saturday - SHAG is not the only group potentially investigating CMs practices at present!!
Goodluck
Cheers
Stocky