Dont think the $35m+ ambit claim is all that has spooked MPO on the market. Nor the moratorium on drilling in Quebec which really just maintains the status quo.
Thats not enough to send MPO in total freefall....what a hammering the SP is being given.
The old management would have plucked a takeover rumour out of thin air and provided a great trading opportunity. Or released an ann with some unlikely production target. The market liked both of these little tricks.....
MPO Price at posting:
78.0¢ Sentiment: None Disclosure: Not Held
