MOG 0.00% 0.5¢ moby oil & gas ltd

1. To exercise the rights, you have to wait for the entitlement...

  1. 9,376 Posts.
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    1. To exercise the rights, you have to wait for the entitlement and acceptance form which I believe is still to be issued by Moby. The form will include details on how the monies are to be paid. It may be by cheque or possibly by BPAY.

    2. Your second question is a bit more tricky my friend. You make a profit if you can sell your shares for more than 18c but what do you do about the shares you currently hold? Some shareholders could choose to sell some or all of their holding tomorrow while they wait for the new shares. Others may decide to hold all their shares. All depends on the prospects of MOG I believe.
 
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Currently unlisted public company.

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