hahaha I know that!!! $5 maybe in a few years time if Canada lives up to its potential.
Realistically there is chance someone offer $1.50 to $2 which really for MPO is peanuts. But in this environment they would probably get quite a take up on that. The valuations all put MPO at $3 and above. So we have about 500% upside to there.
I think the sale of non-core assets is very good idea by MPO. They just don't get valued in by the market at all. So if they realise some value for them and enhance the core projects then thats a major plus. And it also enhances the operating of MPO by allowing it to focus on a couple irons in the fire rather than juggling several.
MPO Price at posting:
49.6¢ Sentiment: Buy Disclosure: Held
