MPO 0.00% 14.0¢ molopo energy limited

permian letter of intent, page-5

  1. 790 Posts.
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    My TU reflects appreciation for the production update Veeone, not my pleasure in reading it.

    Mpo presents an interesting dilemma at this price point. Clearly the company has no long term future. But it may have considerable short term upside if it can be gotten rid off successfully. Surely it must come down to the large shareholders and how much pressure they can apply to mgt, whose interest is very different to that of shareholders.

    Having said that, I'd rather they took their time and got 40c a share in 6 months time than 25c next week.
 
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Currently unlisted public company.

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