MOG 0.00% 0.5¢ moby oil & gas ltd

Ersoteric im still lost. how do we explain the SP today? RI...

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    Ersoteric im still lost.

    how do we explain the SP today? RI hangover? Were short term traders looking for a bounce from MEO's announcment today given MOG and CUE were the only Artemis plays during the MEO trading halt? and now have sold off because the announcement was a bit of a fizzer in wow factor but big on substance? Surely they werent hoping for MEO to say no deal and MOG retains 50%. Whoever invented Rational markets theory obviously didnt invest in speccys. I cant see why you would sell right now, when MEO's deal is basically done with an international major so a big announcement to come and Braveheart/Cornea results to come as cream.
 
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