MPO molopo energy limited
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Someone is not happy.

  1. buddy134
    24,386 Posts.
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    28/08/17
    18:57
    Post #: 26816196
    ""Molopo Energy


    Irritant and major shareholder in Molopo, Aurora Funds Management, says it is considering the implications of a recent purchase by Molopo of a 50% stake in Orient FRC on its proposed takeover bid.

    AFM announced in late July a plan, as yet unconsummated, to launch a partial takeover of the cashed-up junior with the aim of stripping cash out of the company.

    The purchase in Florida will see Molopo fund 25% of a three-well drilling program in Florida for US$7 million.""
    MPO Price at posting: 14.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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