MOG 0.00% 0.5¢ moby oil & gas ltd

big question, page-9

  1. 1,383 Posts.
    recooperating: "MEO are farming the risk from 70% to 20% free carry for a reason. So they don't lose all there cash on one well and a very good chance of a duster."

    I think you are wasting your time trying to second guess the MEO management....

    In this economic climate, cash is king, and I suggest that clever management would realise 20% of something is better than 100% of nothing..

 
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