I agree with the sentiment of most posts here, in fact would be...

I agree with the sentiment of most posts here, in fact would be concerned if new board acted immediately, as some have proposed.

Steps I see are:
1) rebuild & gain confidence of staff
2) understand current procedures & processes
3) audit existing resources & plans
4) issue shareholder report of current company status (expect that to be end March/ early April)
5) Draw up new business plan (May/June)

In the meanwhile, the Board will be fighting fires & other day to day events

That my opinion if the new Board is looking at MPO has a medium & long term investment, I see we maybe looking at a 6 month hiatus in share price

However, if the Board is looking at MPO as a fire sale opportunity, we should expect asset sell offs starting next month because when you strip a company, quality staff are the first to leave

Next month will be when we get to understand the Boards motive.