MOG 0.00% 0.5¢ moby oil & gas ltd

back to normal behavior?

  1. 742 Posts.
    After a day of good news, we are back to the normal behavior of decreasing 0.005c-0.02c per day. Not many interested buyers. Kinda disappointing if this is true based on today's evaluation.

    The problematic pattern I see is that, MOG rallies hard ie: 2 days ago 19%. Fantastic. But it's 19% from low 20c range. It touched $0.30 briefly and would normally steady at $0.27. Then a gradual downtrend to low-mid 20c again. Come November 18th, sure it might rally another 20% but the end result is it might still be at $0.27.

    It's just not rewarding for loyal holders somewhat. Just whinging
 
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