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imho, more than happy to be proved wrong, but way too many...

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nt_1973_au

7,543 Posts.

81

01/03/16

14:29

Post #: 17155545
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Originally posted by Muss24au ↑

Vendor, what we have here is not really a case of misreading or misinterpretation IMHO it is a case of constant baying for announcements that will lead to the desired TH so that the stock will go up and all will be uber wealthy in short order! Sadly however, for most concerned here the Directors have not played the game and increased the SP but rather they seem to be working to increase shareholder value. As you know the timeline for that very rarely, if ever, meets short term shareholders expectation. I also suspect some MPJO holders may be starting to get a little nervous also as it now seems that it will be April before anything may, or will, happen and short dated options lose their attraction when they they are only 2 or 3 months from expiry. It is unfortunate however, that the timeline for increasing Shareholder Wealth in MPJ has been a prolonged one.

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imho, more than happy to be proved wrong, but way too many shares on issue for the sp to be rocketed into outer space on news.

MPJ Price at posting: 0.6¢ Sentiment: None Disclosure: Held
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