Fire sale by the Administrators, quick to sell off Magnolia LNG Project including prime asset - OSMR. As usual, creditors get preferential treatment whilst long term supporters get shafted. Have to question the Administrators desire and efforts to get a good price. For transparency, how about disclosing the book value of individual asset and liability classes sold off???? HC should add an additional "Sentiment" tick box, so we can REALLY express our sentiment.
LNG Price at posting:
4.3¢ Sentiment: None Disclosure: Held