buyers building. gap closing, page-30

Not sure if I misunderstood your post crazdewd,
but the last price before the rights issue ann was 22c.

The current trading at 26c implies that taking into account the rights issue, people still value the share at 22c (average of 26 and 18). I think this is kind of surprising, because as I and some others have put forward, the rights issue would be sunk on a poor MEO farm in ann, as a deflated sp would make for a harder sell on the take up from shareholders. Hence MOG must be confidant the farm in will go well, though this does not seem to be the view of the market.

Think we will see 26.5 solidly again before the end of the day.
BF