mel shareholding

Just having a peruse of the MEL thread and saw that it appears MPO has sold its stake in MEL!

Had a look at the trades for yesterday, and sure enough:

3916193 shares sold in S1XT trade @ 56.5c

Match that with the most recent top 20 report of MEL...

Molopo Energy Ltd 3,916,193 1.16%

That is $2,212,649 more into the bank account then.

Looks like there might be more play action in the sector then, and also looks as though MPO would know whats afoot with MEL. If they sold at 56.5 when the current price is around 46.5c.

LNG has also upped its holding in MEL as well to get back above 5%, after being diluted previously. So looks to me like LNG sees MEL as a supplier... I wonder if they will want MPO's QLD CSG as well.