"MPO is well undervalued at the current share price just based on cash on hand"
Market will always factor in some cash burn so a lower figure and make is come out about even!!
The longer we go on doing nothing the further the SP will drop inline with cash burn!! Thats whats been happening.
Until they come out with some positive news for once i cannot see much changing for quite some time!! As per the norm with Molopo if you have followed them in the last few years. Even an assett sale may not increase the SP much....as has also happened previously.
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