i was recommended to buy molopo by a London broker in the 2000 at as i recall first price at 11 cents a shares i went down down to 2.5 cents or 3,, trading a few,, still holding.. they had only some leases in queensland and they bought a portable pump to flow gas in pipeline near by?? 2007 came and the stock run?? God blessing i sold at 24 average,, plus options,, bundle?? never look back?? but since wot happen?? reconstruction 1 for 10 acquisitions world wide .. talking billions?? would be interesting to work out the market capitalisations by sequences?? as today MPO is at 17 cents = 1.7 cents of 10 years ago, which is below the then low price?? this CEO Mitchell at the time knew wot he was doing never heard about him.. hang on, looking at the board they have 8 officers on board at 1.6 millions per quarter??? look at the quarterly burning rates?? scarry?? the good part is they have 53 millions cash?? equivalent of 21 cents a shares?? happy burning rates and living?? make you wonder ??
MPO Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held
