Ann: Acquisition of 15% of WA-360-P (Artemis) and, page-30

re: Ann: Acquisition of 15% of WA-360-P (Arte... for nostalgia sake I thought Id go back to 11am before all the craze really began and look at where MOG was then

"What an epic ann going unnoticed by the market

MOG getting a 15% free carried interest in MEO's Artemis is huge!

MOG currently has 80m shares on issue, with 120m for this new acquisition thats 200M shares = a current Market Cap of $24m

MEO which will have a 20% carried interest post farmout is $255m mkt cap


MOG $25M 15% free carried Artemis
MEO $255m 20% carried Artemis
You do the math "


MOG was 12.5c then, now by the close of trading its capped at $72m with a price of 36c

Just goes to show how inefficient the markets are at pricing stuff and what a bit of awareness can do for a stock

holding a small parcel now will be interesting to see where it goes from here