up up & away ?, page-38

Should explain why I sold half at 18c

MOG always has been the most highly leveraged play in Artemis as MEO has always made it clear that it intends to farm down to a 20% free carried interest, it is why I doubled my holdings at 12c recently and I intended to hold the whole lot until the farm out deal was announced however delay after delay has got me a little spooked and further reading of MEO's ann yesterday had me asking the unthinkable question of what if this deal isn't what everyone expects it to be, there is alot of expectation already built into the share price now of MOG and so I decided (although I know I will probably really regret it) to play it safe and sell half the MOG I bought at 12c recently at 18c this morning thereby reducing my average buy price to what I see as a safe level (below 10c)

If MEO pull this off I will kick myself for doing so but lately Ive been playing it a bit safer