MOG 0.00% 0.5¢ moby oil & gas ltd

is this unbelievable value?, page-14

  1. 534 Posts.
    I switched my Artemis exposure from CUE to MOG, im not near retirement age yet(but that wasnt the reason) it was for a much greater risk/reward play.
    CUE holders are kidding themselves if they think they are immune from any Artemis downside. CUE rallied from .140 mid Jul '09 (same time as MEO) on receipt of good seismic surveys on WA-360P.
    While CUE does seem to be a low risk O&G play, there is still obviously some risk!, & will be back to mid teens on poor farm-in ann', & much worse on Artemis1 duster.
    Hope i dont come across as bashing CUE, still think its a good O&G company(which E.G Albers himself founded in the early 1980's).
 
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