Griffopj
Terrific post over on EGO. thankyou.
As far as KEY goes it could mean ultimately that the familial bonds that obviously exist are broken.
But does this matter?
As a KEY shareholder I had written off my investment prior to EGO involvement. IMO, EGO saved KEY from certain death and gave us a little hope.
But there was a quid pro pro.(Apart from shares issued to EGO).. a bungled and messy appointment of Craig M and then Kane M. and also, as recently revealed, Brooke M.
Now, apart from the initial rescue package I'm not sure if there is anything that ERM would/could change in the relationship right now.
Would ERM sell the 11% stake? probably not at least not on market. Could they demand changes to KEY board and management? Maybe they could.
Ultimately, I dont think ERM would care too much about KEY apart from legal JV commitments. I think they will be more interested in the new employment contract that CM is signing at EGO. I wonder how much it will cost to pay out?
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.253M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45465 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 22961 | 1 |
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| Last trade - 10.00am 14/07/2025 (20 minute delay) ? |
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