MOG 0.00% 0.5¢ moby oil & gas ltd

re: Ann: Cost Reduction for Cornea-3 Explorat... going long now...

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  1. 2,328 Posts.
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    re: Ann: Cost Reduction for Cornea-3 Explorat... going long now is ballsy but should pay off, me I've got 75000 rights and top of the sell stack at 19.5 coz I only part filled selling. MEO a safer punt having done a successful cap raising but risk vs reward I don't see any unfair pricing, i.e. both offer great potential and are fairly priced risk vs reward against each other. Think the market got spooked the MEO drilling partner may have had Dubai exposure (Qatar gas company etc) but that should be waning now.... stress should.

    My portfolio doesn't allow for more exposure on current news but IMO both MEO and MOG as must have speccies for the next 2 weeks short term at least, and now term even if news is average, but here's hoping it's great news hey!!

    My crystal ball has been good the last 6 months but think the batteries need as the last week has been pretty average, so DYOR as usual
 
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