MPO 0.00% 14.0¢ molopo energy limited

Sept 12 (Reuters) - Aurora Absolute Return Fund (ABW) Aurora...

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    Sept 12 (Reuters) - Aurora Absolute Return Fund (ABW)

    • Aurora Funds Management withdrew takeover bid for Molopo energy as Molopo triggered a proposed defeating condition
    • Aurora intends to make a new revised takeover bid for 100 pct of ordinary shares in Molopo at $0.135 each
    • Under new bid, Molopo shareholders to be able to elect to receive bid consideration in cash or same value in AFARF units
    • Price has been decreased to value of Molopo share due to transaction and operating loss, as calculated by Aurora
 
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Currently unlisted public company.

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