HELLO and goodbye. Motopia (MOT) veered off into resources last year by picking up a copper-nickel project in Cyprus. There's been a right to-do with attempts to dump directors. But the objectors, while losing an early battle, have won the war. Cyprus went out the window and on Friday the company announced it was buying a loyalty card business, sending its shares up 200 per cent to 0.3c. Instant revenue beats years of drilling (and dilution) any time.
MOT Price at posting:
0.2¢ Sentiment: ST Buy Disclosure: Held