I have been involved in this one since 1991 when it was MPL Maple Oil and it was going to become a Junior producer in the Cooper Basin, but alas due to misinterpretation of reserves it was suspended. It was resurected a few years later to MXO and after a 20 to 1 share dilution it then focussed on Indonesia as it's main hope; well that has now copped a caning and alas again another 20 to 1 dilution comes along. Its a joke in that back in 91 I started with 8000 shares at 36 cents..now I will have a grand total of 20 shares...I will never sell and will always recieve all their share reports till the day I die or more likely till they botch it up again. I am expecting another suspension and another dilution in the future then I will end up with one share....LOL
MXO Price at posting:
0.0¢ Sentiment: LT Sell Disclosure: Held
