MXO 2.78% 3.5¢ motio ltd

Not much left for shareholders now. In my view MXO shareholders...

  1. 27 Posts.
    Not much left for shareholders now. In my view MXO shareholders looks set for a massive dilution probably through a merger or reverse takeover. This is the only way the outstanding creditors can be satisfied. MXO has to continue to exist in order to satisfy Pertamina but ownership will pass from current shareholders to whoever is prepared to fund the rescue of the Langsa Project.

    RIP
 
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