When I think about it, ASIC could end up helping us in one of two ways, particular if we go into suspension. Either they agitate MPO to resume trading again so they can offload the shares they hold, which requires an investment, or they allow MPO management to attract a cornerstone investor (which will likely only improve the chances of a decent strategic deal) given that 16% of the register is now up for grabs at what could end up being a very decent price.
MPO Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held