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
