MPO looks great from here. Keybridge Capital (Nicholas Bolton)...

MPO looks great from here.

Keybridge Capital (Nicholas Bolton) has just put in a requisition for a 21.75c/share capital return.

"Keybridge considers that the current market valuation of MPO’s shares trading on the ASX is significantly below the intrinsic value of MPO’s assets, with MPO carrying approximately A$65.7 million (A$0.264 per share) in cash and A$57.3 million (A$0.231 per share) in net cash assets as at 31 October 2014 after accounting for the litigation provisions made by the Company. This compares to the most recent closing price of MPO shares of A$0.165"