MPO is Suspended.
it is an ongoing saga.
Keybridge /Aurora group tried to get control of MPO. MPO was a cashbox.
MPO then invested in US O&G assets.
Key etc, questioned the deal. Worth having a read of their questions.
I think highly questionable circumstances.
MPo recently attempted to poo-poo the issues.
Recently MPO revealed they have outlayed more funds on this deal, and changed deal.
Now ASX has questioned many of the aspects of this transaction.
MPo has been suspended from trade for a while.
Upon reading the ASX letter today, it causes me to think there may be parallels with our situation re re-listing of LWP on ASX.
cheers
LWP Price at posting:
0.1¢ Sentiment: None Disclosure: Held