MOG
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0.00% 0.5¢ moby oil & gas ltd

something fishy, page-14

  1. ronstieb
    6,352 Posts.
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    12/08/10
    08:43
    Post #: 7009958
    If MOG sold its remaining share in Artemis to MEO at a similar price to the previous 5%, would this increase
    MOG's share price?


    They sold 5% for USD7mil so the other 10% would go for USD14mil on the same terms.
    Thats a total of USD21mil or AUD23.3mil @ FX 0.90
    MOG has 288 shares on issue, so AUD23.3mil equals 8cps.
    MOG Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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