MOG 0.00% 0.5¢ moby oil & gas ltd

still significantly undervalued, page-58

  1. 7,153 Posts.
    lightbulb Created with Sketch. 6
    Yes, a CR will happen, but posters are talking as though it will happen tomorrow. The company will most likely wait until the SP is at a consistent healthy high with plenty of support.

    As for the SP, IMO it had a ton of support around the 39-40 level and the last 15 minute drop was only due to traders from today cutting their losses, holders from pre ann locking in profits, or T + 1s being forced to close out their positions from yesterday.

    The volume going through above 40 cents was more than 90% of todays volumes, so as far as tommorrow goes, 40 cents will be the support.
 
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Currently unlisted public company.

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