I'm at two minds with the WAM offer - WAM wouldn't be doing this unless they see value in MPO, expect it would be in good hands! - on the other hand, I've rarely been rewarded when a local promising mining/oil company changes tact & goes offshore.
If MPO have value, why not WAM take a 51% holding & bring some transparency into the true opportunities of MPO? Then allow current S'Hldrs to enjoy the journey!
MPO Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
