MPO 0.00% 14.0¢ molopo energy limited

major difference amongst analysts views

  1. 8,482 Posts.
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    John Young - Wilson HTM
    Maintains a buy rating
    Reduced target from $1.90 to $1.70

    Ivor Ries - Baillieus
    Has opted for a hold rating
    Has slashed target to 96c

    Reason for the major difference is that Ries is assuming that MPO Australia will still need to raise funds, and has chosen to use 350m shares not 250m

    Young specifically states, that there is no need to raise funds.

    Mitchell, MD has openly stated that he will not issue more equity for MPO. Too dilutive and unnecessary are the reasons given.
 
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Currently unlisted public company.

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