With the big guns now all set in Queensland, the next corporate move will be mopping up the smaller players such as Eastern Star Gas, Molopo et al.
The juniors' stock prices fell yesterday after big gains on Friday, but they will be sought after by those majors still looking for gas. In the meantime, the Arrow energy team has money in its pocket, ready to start again.
MPO Price at posting:
$1.16 Sentiment: LT Buy Disclosure: Held