MOG 0.00% 0.5¢ moby oil & gas ltd

Ann: Acquisition of 15% of WA-360-P (Artemis) and, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,352 Posts.
    lightbulb Created with Sketch. 62
    re: Ann: Acquisition of 15% of WA-360-P (Arte... Clever deal making by Mr Albers.

    The chance of a free carried interest in Artemis will/has boosted the sp .
    Raising the $21 million they need for their browse basin farmin will now be easier and require less dilution .

    Probably a rights issue coming up for the $21 mil ?

    If they raised the $21 mil at say 15cps, that would add another 140 mil shares.

    So 120 mil shares for Artemis, ~140mil for browse farmin, 80 mil shares currently, total 340mil shares
 
watchlist Created with Sketch. Add MOG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.