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1,397 Posts.
1
05/08/10
14:28
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Look at the MPO share price, then look at this one line in the report....
"Valuation. We value Molopo Energy on a sum-of-parts basis
at $5.45 per share. Our 12-month price target remains
unchanged at $2.25 per share."
We need a fire cracker under MPO to get people excited again.
At $1.05 we are trading at just 19.3% of the sum of parts valuation.
I just hope we don't get taken over at these levels because we won't get anywhere near fair value.
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