KEY 0.00% 0.1¢ key petroleum limited

key management, page-18

  1. 17,111 Posts.
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    They must have a rough estimate of the numbers required to get the dilution over the line by now. That was probably what the calls were about.

    Maybe that big buy order is merely an order for the required 'Yes' votes to ensure all those management and deal-maker options can get issued? But a questionable practice if those involved have access to information not available to other shareholders, like the asking price for WSS, the progress on Nyuni-2 or the REAL cost of the UK 'production'.

    Could it be that only $40k's worth of shares is what it would take to buy this company and issue huge numbers of shares to the perpetrators of the dilution? It may be the case of the two biggest shareholders have sold everyone else out.

    Does anybody on here have more than 2m shares and is voting no?
 
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