I would prefer the company closing down and distributing the profit whilst there is still some value. The suspension itself isn't a real issue as they still have to abide by ASX rules. If they get a new advanced stage project, then the company may be worth persevering with. The only time I will be concerned is if the board tries to de-list MOL in the guise of saving costs. The best cost savings would come from having a bare minimum of directors and lower salaries until they actually have something to do.
It's hard to have confidence in Hanlong working in the best interests of all shareholders.
MOL Price at posting:
7.8¢ Sentiment: None Disclosure: Held