MPO 0.00% 14.0¢ molopo energy limited

not too bad, page-20

  1. 7,409 Posts.
    Talk about calling the kettle black. Cortis a little while ago you were mouthing off at people who had expressed negative modified views of MPO and now you're crying that you are unloved for your negative views. Sounds all a little immature to me.

    As for consolidation and people acting as if nothing has happened. I think you're extremely over emphasising the effect and importance of a consolidation. I have seen many examples of companies that have consolidated and gone on to prosper. TOX is a perfect recent example. Whilst I'm not convinced that a higher shareprice through consolidation is necessary, I do think that MPO at a higher price will reduce the number of short-term traders in the stock. Alot of money can be made trading the half and one cent increments of a 20c stock as opposed to a $1 stock. I think it will attract more institutional and retail support.

    In the end however the over-riding factor from a longer term perspective is results. Management kicking goals is the end decider of where the shareprice will be.

 
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