An extract from Marcus today report :-
MPO - Molopo Australia – Credit Suisse initiate as OUTPERFORM with 260c price target. Positioned to be an important domestic gas supplier, sees significant growth potential in the coal seam gas sector with MPO positioned well to deliver initial development project within 2-years, and has significant upside resource potential. Always interesting when a big broker initiates research on a small stock. It often suggests they have a capital raising (or corporate action) on the way….which, for a small explorer, can be a very positive thing. It takes the stock to institutional investors to have a big broker behind it. Market cap $320m.
This may suggest that the price is currently subject to some deliberate accumulation games.
Cheers
kse3137
- Forums
- ASX - By Stock
- whats going on
An extract from Marcus today report :-MPO - Molopo Australia –...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MPO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online