"(I would say Santos would hold the China and Australian assets and dump the rest. Until MPO can protect themselves with some revenue and share value, they are prone to takeover at less than consolidated price)"
Agreed sandlion. MPO has to get revenues going, thus increase the sp, or something that we don't like, my happen.
Look at QGC for instance my friend. When it got the certification and the gas it concentrated and put all of it's energy into production and creating revenues.
And, look at it today. It went from strength to strength.
It also was in a par (the sp I mean) with AOE, and it left AOE well and truly behind.
Food for thoughts.
Buddy
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
