MPO molopo energy limited

go go go molopo, page-42

  1. 7,409 Posts.
    'Spoke to the company secretary about a week and spoke to my broker. 25 cents is a done deal as long as the shareholders vote in favour.'

    Here's the problem, as long as the shareholders vote in favour. You then have to ask which of the most influential shareholders were part of this placement and are there enough votes from them to prevent the placement from going ahead? It certainly isn't in their interest to vote yes? Could be interesting.
 
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Currently unlisted public company.

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