goodaye Noellyn, what do you think is meant by the comment that the sale of the Qld assets will be "completed" by year end? i am think that "completed" will not mean the settlement of payment (ie MPO being paid), but rather some sort of agreement to execute a sale. i guess, a contract of sale, with settlement to occure sometime in 2012? is that your interpretation?
also, the comment that half the register is held by overseas interests, supports my view that this strategy by the board to focus on Nth American assets, is to position MPO to be taken-out by a Nth American player. Such theory being that a N/Am player would better value our assets.
cheers
MPO Price at posting:
71.0¢ Sentiment: None Disclosure: Held