T4p. Considering MPO has limited cash, what are the options available to the company.
will they have another share placement. i tend to think not. What to raise 2 million, after that go to the well again. not likely!
Other than another institution coming on board with some funds, the only other alternative i see is for the sp to rocket to (50c - $1). Value highlighted by yourself and others.
Following this options can be taken up and then a share placement to raise some significant funds. Also institution coming on board at this price would siffice.
But in my opinion nothing significant can happen financially until the sp takes off.
Regards Chris....
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
