MPO 0.00% 14.0¢ molopo energy limited

hmmmmfrom an o&g company I would expet that they produce oil and...

  1. 1,558 Posts.
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    hmmmm
    from an o&g company I would expet that they produce oil and gas, sell it, earn money and pay a dividend.

    mpo is still far away from this situation and it seems they prefere to make deals as with the chinese asset, the mel asset or as now with the spearfish asset

    as long as they earn money that should be ok for me.

    Last time when they got the cash from such a deal buddy said mpo should pay a dividend but for me it was ok because I had no problem that mpo reinvests the cash because I wanted to see them growing and becoming bigger.

    in the meantime time I have to say, buddy you are right, they should pay a dividend to us share holders! I would be already happy with a small one per share.

    Some big companies pay 30-40 % of the earned money to the share holders. MPO management should get used to think about that
 
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Currently unlisted public company.

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