They told us weeks ago that MOL maybe late on the deal...
"The non Hanlong directors of the Company are assessing an extension to the 31 January 2011 deadline for completion and first drawdown of the project finance facilities and have sought corporate and financial advice to assist in their deliberations, and negotiations of terms satisfactory to the Company. The market will be advised in the new year of the outcome of these negotiations." 29-12-2010.
E.
MOL Price at posting:
$1.02 Sentiment: Buy Disclosure: Held