MARKETS

Aurora drops Molopo valuation again

AURORA Funds Management has once again revised down its valuation for Molopo Energy, suggesting shares should now be worth just A1.9 cents each, from earlier 2.6c which itself was a steep decline from its opening salvo in 2017. 

 Aurora lowers share price valuation again for takeover target Molopo Energy

Aurora lowers share price valuation again for takeover target Molopo Energy

Molopo shares have been suspended since mid-2017 when last traded at 14c.  In September Aurora cut its valuation from 3.6c to 2.6c     "Based on the information contained in this quarterly cash flow...

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