Molopo valuation downgraded as hostile takeover looks to end

AURORA Funds Management, which announced it was dropping its takeover attempt of Molopo last week, has dropped its takeover price for Molopo Energy from 13.5cps to 3.6cps.

Molopo valuation downgraded as hostile takeover looks to end Molopo valuation downgraded as hostile takeover looks to end Molopo valuation downgraded as hostile takeover looks to end Molopo valuation downgraded as hostile takeover looks to end Molopo valuation downgraded as hostile takeover looks to end
 
The drop in valuation came shortly after the newly elected board of Molopo shared its quarterly report at the beginning of this month that blamed cash box Molopo's failure on previous board