My guess is the buying is still US-based and will continue until developments related to the strategic plan give MPO a momentum of its own. It doesnt matter what assumptions you apply, MPO is ascribed negative value for its assets. It has new management and a new plan is being formulated.There are clearly a few different permutations than may arise from this process, all of which it is reasonable to assume either short or long term, will result in some value being restored.
Its an exciting time for a turnaround
G'luck
- Forums
- ASX - By Stock
- MPO
- Ann: March Investor Presentation
Ann: March Investor Presentation , page-67
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)