im thinking people are really looking at the value proposition that MOG provides in terms of a short term exposure to Artemis. All the numbers and the dilution arising from the cap raise is now known, clearly in terms of short term price run from a good MEO farm in announcment then MOG has got more to run than MEO and CUE. Having a cap raise at 18cents is also almost like having a free in the money call option to load up more!
Anyway im busting a gut for a MEO announcement soon. If they leave it to next week then im sure there will be some nervous nellies out there, me included.
MOG Price at posting:
21.5¢ Sentiment: ST Buy Disclosure: Held