jordy MOG have hardly any cash left so if they were to start drilling again would need a cap raising. Also you cant compare MOG to MEO completely different company, market cap and cash situation. Unless MOG can quickly pull something out of the back they will hover around these levels and the danger is if the market loses interest with them then they could quite likely drop as far back as their cash backing level which is around 0.02 cents per share.
MOG Price at posting:
6.4¢ Sentiment: None Disclosure: Held