I have just read on another chat line (shares.com.au) a full report put out by MOE. They are trying to sell up to 80% of it's holdings in it's extensive and valuable north west Western Australia LNG gas resource. Recommend everyone have a look at this release. It begs the question as to "Why MAE management and GC have kept a tight rein on information concerning our company?" We know we have a company of worth but this period of no information has let the down rampers/traders take the lead and greatly damage the share price. MOE's release was very informative and in my view would certainly have delighted share holders and encouraged possible future joint venture companies to come on board.
MAE Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
