MOG 0.00% 0.5¢ moby oil & gas ltd

chairmans letter to shareholders, page-4

  1. 6,352 Posts.
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    Terryl

    They will refund the RI cheques if the minimum funding target is not met.

    Therefore, if you sold your current shares and just participated in the RI, that could be fairly risk free.

    Another possible negative could be a low ball placement to absorb the RI shortfall.

    I don't know if they could or would do that. Hopefully any shortfall placement would be at minimum 18cps.
 
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Currently unlisted public company.

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