MOG 0.00% 0.5¢ moby oil & gas ltd

why sell 15% stake for next to 0, page-13

  1. 312 Posts.
    120 mil shares for Artemis, ~140mil for browse farmin, 80 mil shares currently, total 340mil shares.

    But yes I must be deluded when you have a target of 80 to $1 with no justification for your valuation.

    Why would meo farm down to such an extent when their presentation claims tcfs galore and billions of dollars of gas? Could it be to reduce their risk and preserve their capital? This is my last post on MOG by the way so good luck winecollector.






 
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