According to the rulings, ASIC will have to sell their shares at the best possible price, OFF MARKET to someone else. And both Aurora and Keybridge are also refrained to buy anymore shares in MPO for a period of not less than six month form the day of the order. That is what I understood of it.
As for the shares I am holding, well I already replied to that under a different thread what I am going to do with my shares. After all I have been in this thing for so long now that a little longer (in the hope that they will come up with something good), will not bother me anymore.
At least while they are in suspension (If and When) I will not be temped to sell out at any price, and put the money elsewhere running the risk of loosing it there. As I said the cash they are holding is way above the market cap of the company and that is what both Aurora and Keybridge were after.....THE CASH.
Dyor!!!
MPO Price at posting:
12.5¢ Sentiment: None Disclosure: Held
