MXO 2.78% 3.5¢ motio ltd

Triggered my stop loss a couple of months ago, saved myself...

  1. 1,317 Posts.
    Triggered my stop loss a couple of months ago, saved myself heaps and bought some BPT instead. Don't know why anyone would want to be buying MXO at this time given uncertainties over the financing. Economics of the situation not looking good. Feel sorry for the company though, where was the insurance? If Cue can get insurance against well blow outs why couldn't MXO protect themselves against operational problems??? JBC
 
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