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Bullboard - Stock Discussion Forum Mapan Energy Ltd. V.MPG

TSXV:MPG - Post Discussion

Mapan Energy Ltd. > 87% shares held by institutions
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Post by TyJac1 on Aug 14, 2014 12:32pm

87% shares held by institutions

This stock is a good hold imo, because 87% of the shares outstanding are held by institutions at this base price. For them to finance this company to become shareholders, they expect a greater return from these assets; managed by a strong team. So its safe to assume that 87% of the shares are in strong hands and will not be traded until a good return is made. The remainder are held by retail investors, which I believe will push share price higher if they want in due to supply and demand.
Comment by brandonn on Aug 14, 2014 1:11pm
I agree....Great hold for future growth. Alot depends on Nat Gas pricing and also Pipeline decisions. I have been comparing Panterra Resources August Presentation to Assets of Paris/Mapan Energy and I think we still have better quality, Shares o/s very similar, bank facility similar. PI share price half that to what Panterra's is and the institutional ownership in PRC is 67%.  Once the ...more  
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