MPO 0.00% 14.0¢ molopo energy limited

possible entry to asx200

  1. 8,482 Posts.
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    I know there are some people who will dismiss this thought at this stage but I've just checked on Standard and Poors website.
    According to their data it looks as though the smallest company on the list has a market cap at 29th June of US$224m
    So MPO currently have 740m shares and will be adding 133m plus 30m. So 900m @ .32 = A$288m. Multiplied by .85 exchange rate = US$244m.
    As there are no liquidity issues which is another of the criteria, it is possible that MPO could go in soon. I think the next update is end of September.
    That would make it interesting.
 
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Currently unlisted public company.

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