just to clarify my prev post (4548213).. if they were to vend the 15% stake post artemis drilling (and it's a success) they could get cash (not shares as they have) for their holding, which i think would potentially be several $100mil ie huge cash windfall.. if it's not a success they'd struggle to get anything. so, imo, they're doing this so they can fund the other commitments. the only way to look at this stock is to try and compare the relative value of the 15%holding between CUE, MOG and MEO... imo, MOG looks the cheapest by a fair way
MOG Price at posting:
31.0¢ Sentiment: ST Buy Disclosure: Held