At some point the fundamentals will take over - personally I would be amazed if it falls through 70c (it has bounced off support at 14c on several occassions), although I am preparing myself for the possibility.
At some point in time the sentiment will change, as MPO have too much going for them: Management - tick Plenty of cash - tick Good quality and diverse prospects - tick Sector with incredible future demand potential - tick
Just wait until they start certifying more reserves, commencing with Gloucester. 2008 is just the beginning for MPO.
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
