Close cousin to APG, plenty of future potential, future cash income but currently draining the funds at hand.
MPO may get a re-rating when the lab results are out but the longer they are delayed the louder the ho-hum and yawn will be from the market.
Even with "good" results they are still a long way off from proving a decent income sufficient enough to keep their top heavy management in the lifestyle they have grown accustom to thanks to our investment money.
I still believe the consolidation was pre-planned for a timely placement when the kitty starts to run low.
Pick up your game Gorman & Co, you are being remunerated extremely well and, based on current performance, far in excess of what you deserve.
And when the new Director is appointed there will be more "incentive" options issued further diluting our holdings.
MPO is starting to get smellier than their gas (if that exists).
MPO Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
