MPO 0.00% 14.0¢ molopo energy limited

sandlion jinx, page-6

  1. 8,482 Posts.
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    Sandlion,

    I think that bello summed up a number of the factors that have generated the interest in MPO very nicely in Post: 2746368

    As to whether it will have a pull back in the short term, will depend on whether the buying that is going on at present, which I believe is coming from offshore continues, and if so, whether that can generate into a complete rerating of the stock. Conversely, we have seen a 33% rise in a week and there may be some selling at these levels, but the buying demand is keen to absorb what has come out to date.

    Given the valuations that 2 brokers have now placed on MPO, and the other support that it is getting from a third, I think that any pullback in the share price will be very short lived.
 
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Currently unlisted public company.

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