great summary commodore. i loaded up some more this arvo at 27.5c
thought the vol would be a bit bigger given the announcement this morning. that was basically the dark cloud hanging over MOG (and MEO)... but now it's gone.
traders will be all over this by the end of the week, if not sooner
a while ago, i posted that i thought if MEO can secure farmin partner and there aren't any probs with the Rankin Trent/MOG transaction, MOG mwould have to be valued somewhere between 50c-70c... i think that's still pretty close to the mark in the ST
as a short term play, they don't get much better than this imo. a lot of the risk of MOG is now removed
gd luck
MOG Price at posting:
23.7¢ Sentiment: ST Buy Disclosure: Held
