I am contemplating sending this memo to Stephen Mitchell:
MEMO
TO: Stephen Mitchell, Managing Director, Molopo
SUBJECT: Orderly disposal of Assets
Given that the market seems absolutely incapable of understanding the announcements that you have made specifically showing the values of the individual assets, I sincerely request that you give due consideration to disposing of all the assets of the company so that the proper and full value can be realised for shareholders.
It is apparent to me that the market does not appreciate the efforts and work that the team have undertaken and it is time to say "enough is enough". It is evident to me that the market will only value MPO at its true value when the cash is sitting in the bank!
MPO Price at posting:
$1.16 Sentiment: ST Buy Disclosure: Held