db121
You would have seen KEY's announcement the other day that they are selling all their non-core assets to fund the Canning push. You should do a quick calculation on how much cash that should bring onto KEY's balance sheet.
That also explains why CM was so happy buy 1m KEY shares at 4c recently, it gives us all an indication on where he sees the sp going. IMO, it will be a while before KEY will need to do another cap raising, and hopefully when they do, the sp will far north from where it is now.
Cheers
R
db121You would have seen KEY's announcement the other day that...
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