MPO 0.00% 14.0¢ molopo energy limited

stopped on 15 period ema..., page-10

  1. 206 Posts.
    T4P, I agree with what you're saying.

    How long this will play out for is what worries me.

    Is this only to benefit those that want to spook holders into selling their shares now before the real value of the company becomes clearer?

    Or is something else going on?

    How soon are they likely to need more funds and will they be able to get to end June without further cap raising? If cash flow projections done by the company predict that a cash injection will be required soon - could this manipulation be in relation to a placement or buy-in deal that is currently being negotiated? The company is more likely to get parties on board before the sp runs too high and investor upside is diminished. Perhaps some under-the-table handshakes going on?

    I'd like to beleive that the current sell-down is purely for temporary market 'spooking' but there's a niggling feeling I have that something else may be brewing.

    We'll see.

    I'm still holding.
 
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Currently unlisted public company.

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