MPO 0.00% 14.0¢ molopo energy limited

The Mitchell family originally had a financial management group...

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    The Mitchell family originally had a financial management group called Lowell Capital.

    Stephen's father, Peter was the Chairman or Managing Director.

    From memory, I think that Peter and his two sons, Stephen and Julian were the key staff.

    They managed portfolios for a number of clients.

    A few years later there was a major split within the group, and Julian left and went on to establish JM Financial Group, which still exists.

    I think that one of the major holders of Molopo was the Lowell Resources Fund (LRF). As to how much of LRF belonged to the Mitchell family, I do not know, but it was a unitised fund, so presumably there were clients of Lowell invested in it.

 
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