MOG 0.00% 0.5¢ moby oil & gas ltd

browse basin, page-8

  1. 6,352 Posts.
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    Given the risks and probable downside, I would trade it as a besbs play when that time eventually comes around.
    Will wait for funding and consequent dilution before jumping in. Rig availability/delays another factor.
    For current shareholders, there is the possibility of a rights issue which might be sp supportive. Albers has gone that route in the past.
 
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Currently unlisted public company.

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