MOG 0.00% 0.5¢ moby oil & gas ltd

load up before deadline to take up rights opp, page-8

  1. 63 Posts.
    The record date is the 17th (day before meo agm), but the entitlement doesn't need to be taken up until the 4th dec. Hence if farm in ann for WA-360-P is negative then despite the increased ownership of the field I would expect the share price of MOG to drop dramatically, and people to forgo their entitlement.

    I don't think the MOG directors want this, and thus am now confidant the ann will be positive, and the farm in will go ahead. Otherwise they would be shooting themselves in the foot.

    my thoughts only dyor
    bf
 
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