This Macquarie report seems to be at odds with the recent faltering share price and a lot of gloomy sentiment resonating around this thread of late.
The cash burn is a worry and if another capital raising is on the cards (and this seems almost inevitable from the latest cash report), then the share price weakness is understandable.
It is not so long ago that I thought I read the Canadian oil would make MPO self funding sometime soon.
Can anyone reconcile the differing takes on MPO ?
- Forums
- ASX - Short Term Trading
- macquarie equities research report
This Macquarie report seems to be at odds with the recent...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MPO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online