MPO molopo energy limited
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cash to market capital

  1. MarkHGO
    8,348 Posts.
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    20/05/13
    14:13
    Post #: 11785072
    Am I interpreting this correctly? - It appears MPO's market capitalisation is close to or below their Cash backing. Am I right?

    Don't know if the cash is held locally or o'seas? MPO cash backing since their :
    Quarterly Activities Report
    For the 3 months ended 31 March 2013, could now be somewhat different depending where the cash is held & in what currency, maybe up or maybe down - can anyone answer this?

    How do you get a handle on this?

    I expect apart from the cash, MPO have some value
    What is the current value of the acreages they have control of?
    MPO Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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