It is absolutely laughable that the board considers it profile in the capital markets to be growing, and cites the growing number of brokers covering the stock as evidence.
For an ASX300 company, the number of brokers covering this stock is poor.
Furthermore, I have been told that just prior to Xmas, one of the analysts covering the stock, was so disappointed with the Canadian reserve increase that he described it to dealers as being akin to "sprinkling tinsel over a t..d". If that is true, I am not sure that we want that sort of profile!
MPO Price at posting:
$1.02 Sentiment: ST Buy Disclosure: Held
