KBC is under attack from the Khan group of Companies, because it is undervalued for a number of reasons.
KBC has a large holding in MPO, that Khan must value at between 25c and 26.5c per share.
Remembering that Bentley sold their holding last year for 26.5c.
It's called double dipping.
Madam chair and her fellow Directors must be a little nervous as they were glad to be rid of Bentley last time.
One would hope that a bit of action will happen over the next few months, to get the share price up from the dismal 12c at the moment.
MPO Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
