KEY 0.00% 0.1¢ key petroleum limited

“In hindsight, perhaps KR should have accepted the offer from...

  1. 1,089 Posts.
    “In hindsight, perhaps KR should have accepted the offer from RAK Gas”

    Yeh, that’s what happens when you get too cute with deal negotiations imo. If I recall, RAK were keen to buy, however it appears there was a misunderstanding around the terms and KR threw his toys out and walked away.

    I can understand now why DW was so desperate for us to take the ZETA deal, he knew our company was in a mess imo, and as you pointed out, our market cap actually overstated our real value, simply amazing imo.

    Cheers
    R
 
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