MPO 0.00% 14.0¢ molopo energy limited

Cashed up & corporate agitation

  1. 776 Posts.
    Hi all,

    Isn't this the perfect storm.
    Molopo trading at a large discount to cash... we've seen Bentleigh Capital move in to the stock in a big way, and now we've seen Nicholas Bolton become a substantial holder. Both of these guys need no introduction as to the corporate agitation and results they can and have delivered in the past.
    Which ever way you look at it, whether these two are in bed together, or are working separately, the fundamental fact remains that they will both be working around the clock in the pursuit for money.
    I'm very happy to have a holding here and let the big boys do the work for us. Whether they roll the board and the company, or they manage a dividend payment as with BAU... the fact remains that buying at these levels is all but guaranteed to result in a decent percentage profit.
 
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Currently unlisted public company.

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