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Marchpole: 40m Forward Orders, Global Network in Place

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momentos - Thu, 21 Dec 06 :

Whichever way, I certainly dont think the spat with OB is worth 40p discount to Hardmans conservative valuation of 138-158p.

I can't really argue with their valuation which seems very sensibly reached and, unlike other tipsters etc, they seem to know their facts about the company correctly.

As ever sentiment is way overplayed on Marchpole, which is why traders love it. The slightest issue and it moves on either direction by a disproportionate amount.

Reading the latest court report it seem the latest legal action is necessary rather than vexatious, although a bit of discussion or arbitration would not go amiss.

But with the egos involved and the hand-rubbing lawyers there's not much chance of that...


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