According to today's ann., Mr Albers and related entities own almost 170 mil MOG shares out of a 288 mil total: that's a hefty 59%. So one would have to reasonably assume that Mr Albers approved the recent 5% sale of Artemis to MEO.
Which begs the question:-
"What's going to happen to the remaining 5%?
With 288 mil shares @ 9 cents that values the company @ $25.9 mil & assuming that the remaining 5% Artemis is also worth $7 mil, that leaves the remainder grossely undervalued @ $18.9 mil!
Moorooka Mick (The truth whisperer)
MOG Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held