Betaville

Small cap corner - Mast Energy Developments - Part 3

Mast Energy Developments may have appointed a well respected corporate lawyer to its board last week but Betaville was more intrigued to hear that the company's broker has slapped a rather high price target on the little reserve power provider.

According to Betaville's moles, WH Ireland reckons the stock, currently trading at around 12p, could be worth 30p over the next twelve months! Nick Spoller, of WH Ireland, wrote the note and I have pasted some of his reasoning below:..