what's happening, page-3

As at 29 April 13, the company held $63 million USD cash and no debt. With a 10% fall in the AUD since, cash in AUD is now almost $70M AUD.

Current market cap at 22c is about $54M AUD

MPO is well undervalued at the current share price just based on cash on hand.

AUD going to 70 c should also strongly support a higher share price.

Come on Management lets do something productive with our strong financial position!