MPO 0.00% 14.0¢ molopo energy limited

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  1. 2,630 Posts.
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    imo there's no way Nov. will be a down month. An Obama win will put a smile on alot of faces worldwide and restore confidence in the world's largest economy. Last week's bounce on the DJI was in anticipation - my guess there will be another 10% bounce if anticipation becomes reality. Maybe more.
    As for MPO, it is grossly undervalued using any valuation matrix you care to. The key to a rising sp though is to dispose of minority holdings at a worthwhile price and to prove up the Canadian acreage with drilling results. Any good news on these fronts will kick the shareprice along. Conversely, downside is limited to general market sentiment at current sp.
 
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