Comment by
offtotheraces on Nov 25, 2014 12:32pm
trying to find out myself. seems like a private co. (TORO) bought KEC to get on to the venture exchange (which is common). for KEC holders, it's a name change plus the value TORO brings (still looking into that as well), for TORO holders, it's liquidity (plus the 400boe/d that KEC had). let's keep this thread going! more info the better!
Comment by
offtotheraces on Nov 25, 2014 1:07pm
the balance of the transaction (2.5mil in shares) equates to $0.083/share, if you haven't executed your rights yet (as a KEC shareholder prior to Nov. 7 record, iirc) then it's time to do so.