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KEA Kea Petroleum

1.15
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kea Petroleum LSE:KEA London Ordinary Share GB00BRTL3035 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1.15 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1.15 GBX

Kea Petroleum (KEA) Latest News

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Kea Petroleum (KEA) Discussions and Chat

Kea Petroleum Forums and Chat

Date Time Title Posts
30/11/201812:23KEA Petroleum63
30/8/201513:37KEA PETROLEUM - Son of RIFT8,849
11/11/201400:14It`s that KEA aura54
04/10/201413:21How long before ZERO PENCE comes? Only a matter of time.23
29/8/201412:40KEA PETROLEUM - 2010256

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Kea Petroleum (KEA) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Kea Petroleum (KEA) Top Chat Posts

Top Posts
Posted at 19/11/2015 18:08 by papillon
KEA. Dead as a dodo.
Posted at 07/7/2015 08:57 by mariopeter
Better shells around. SRO has cash of 11p in the bank and no debt and sitting dormant on the market at 4p. Seems a good idea but as a shareholder in SRO its very very tedious waiting for something to happen as the share price falls and falls ignoring fundamentals. Its an oiler and maybe KEA should have tried to reverse in there.
Posted at 02/7/2015 09:01 by hawkwind4
That's it all over now.Bust.
Big sell off of assets and share price reduced from 0.01p to 0.001p.
We've al lost our money on this one.
Posted at 26/6/2015 16:48 by gerhart
Anhd something else that seems odd: KEA is now "through subscriptions by existing substantial shareholders (including directors and associate parties) and others" to raise 1m for a Co that will be a shell. But could not top-up the money of PIs on Primary Bid to get to 3m for a Co with a real assett and also an additional potentially huge asset? ODD.
Posted at 26/6/2015 13:23 by gerhart
Hi Mario

Thanks for that.

I'm never likely to get my money back. These reverse situations rarely make vast sums for the listed Co, given you only really get a share equal to the amount of cash you put in plus a bit. I think they are more about flattery and saving face after failure.

The more I think about this the more it depresses me. We either accept the lousy deal or the Co goes into liquidation. And then someone gets to buy the company's assets cheap off the liquidator. Wonder who that would be.... Maybe the BOD know it's sh@t deal and hope it will be rejected?

Our only hope is a White Knight who sees the value and is prepared to take a chance. Though there is more chance of me winning the lottery!
Posted at 26/6/2015 10:31 by gerhart
I agree with you Mario, I don't undertsand the logic of this on Puka alone. Surely it's worth more - alone - than they are basically selling all assests for - including Shannon which is supposed to have so much potential! So even if the BOD just wanted to screw the PIs, would it not be much better for the BOD, or some of them, to do a management buy out?! The other thing I don't get legally is how the shares will only be UN-suspended if we AGREE to this plan. In other words no one else can make a bid to buy the company CHEAP via the stock market and our shares? (and remember apart from assets it also has all those recorded losses to off-set) I know we are in a corner but I just don't understand the logic of this. Just looks like a very poor plan. Unless Caleria, the purchasing Co are the BOD under another name! Can we really be locked into suspension unless we agree to the one and only choice put forward? Seems incredible.

Waht do you mean: The word is out KEA are thinking of buying a financial reporting business for £1m!...and the link only takes you to the worldbox front page? What were you intending? Thanks.

And another thought: At one of the presentations IRGS said Shannon was such a good prospect that if it was a private Co he would gamble and put all the money in. So why doesn't he even try and put a better deal forward for the whole Co and then he can have it and put in all the money for Shannon. Something just doesn't add up here.
Posted at 26/6/2015 09:41 by mariopeter
.

So you try and reconcile the numbers. A month ago the KEA board were valuing the Co at what £4m touting shares on the net. Now this bunch show up and offer to buy Shannon for £222000 and further will now demand £111000 if the deal is not done for loss of time and opportunity cost. The directors don't want to sell to anyone else.

Wouldn't get my vote. Very very poor deal for shareholders and better to keep the asset for another day. This is very very poor and i think time for the KEA board to leave.

Just who is hoodwinking who.
Posted at 22/5/2015 13:25 by gerhart
I think it's just peeps getting in, in expectation of successful bid process and share share price then moving forward. I own 5 of the 50k trades from yesterday....and just placed my bid. Here's hoping! GLA!!
Posted at 22/9/2014 10:48 by topinfo
fenseal excellent news just out as well m8


Kea Petroleum PLC Issue and Allotment of Ordinary Shares
Print
Alert

TIDMKEA

RNS Number : 2390S

Kea Petroleum PLC

22 September 2014


For immediate release 22 September 2014


Kea Petroleum plc

("Kea" or the "Company")

Issue and Allotment of Ordinary Shares following Exercise of Conversion Rights

Kea Petroleum plc (AIM: KEA), the oil and gas company focused on New Zealand, announces that it has received a notice of exercise by Darwin Strategic Limited ("Darwin") to convert GBP500,000 of Darwin's Convertible Loan Notes at a gross conversion price of 1.0p per share. Details of the Convertible Loan Notes ("CLNs") were announced by Kea on 23 May 2014 pursuant to which 50,000,000 ordinary shares (the "Conversion Shares") now fall to be issued. These shares represent the final tranche of Conversion Shares to be issued in connection with the CLNs facility announced on 23 May 2014.

Application has been made for the Conversion Shares to be admitted to trading on AIM with admission expected to take place on 26 September 2014. The Conversion Shares will rank pari passu in all respects with all existing ordinary shares in the Company.

Following admission of the Conversion Shares, the Company's enlarged issue share capital will comprise 939,869,567 ordinary shares with voting rights.

For further information please contact:


Kea Petroleum plc Tel: +44 (0)20 7340
David Lees, Executive Director 9970
WH Ireland Limited (NOMAD) Tel: +44 (0)20 7220
Posted at 05/9/2014 08:47 by mclellan
The KEA share price was 1.5p to 2p and more before the Puka 3 result was near, from the chart above.
Kea Petroleum share price data is direct from the London Stock Exchange

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