MPO 0.00% 14.0¢ molopo energy limited

cash to market capital, page-16

  1. 24,386 Posts.
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    ""From 2 bucks to 20c. Now who would have thought that!""

    Jusik,

    Go back through some of my posts which someone here were ridiculing me and even got me moderated for downramping at the time.
    You would see that I clearly stated therein my intentions that we weren't travelling as good as we should have, and I have also made it clear that I was downloading as a result of it all.
    It was only the fact that the Sect249D was lodged requesting a change in our Board structure that cased me to stop selling, and I have to admit that I fell head first for that trap.
    Now, and looking in perspective, I should have continued in my merry way instead.

    Too late though. Now I hope that the Board will listen to what many here have been saying and will sell lock stock and barrel, and return all that they will get back to the shareholders. And I hope that, this time around at least, shareholders would have voted with their heads and not with their feet.

    As someone wrote in this thread, "We are a crazy mixed up company", and IMHO it is correct. And the worst thing that we could have done IMHO, was to employ and MD/CEO from there.
    Now, after learning in the hard way, we are paying for it.

    It is a crazy situation that the value of our MC is less than the cash we hold on hand.
    But...what does that tell you???

    Let's wait and see what the AGM will bring out.

    Cheers mate.
 
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