MPO 0.00% 14.0¢ molopo energy limited

Amazing what a one day rally can do...and then outcomes the take...

  1. 212 Posts.
    Amazing what a one day rally can do...and then outcomes the take over chat...crazy
    Why? because they are still a spec company with not enough proven reserves...yes they have the land in the right areas and once the consolidation happens reserves are proven then maybe we can talk about takeovers.
    As I see it this is just hype trying to drive the price higher before a very important meeting where many shareholders don't want consolidation...look back at the run before the capital raising this looks very similar where there is lots of volume..I just think the people driving the price higher know which buttons to push and use HC as a tool.
    Lets see what tomorrow brings my guess is another high volume day and a push through 20cents and be around the 25cent mark before the meeting.
 
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Currently unlisted public company.

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