The deal hasnt taken place yet, so i think this is MOG saying we are doing our own due diligence, but it would amaze me if they havent done this already. This is really a float of Rankins interest, presumably to capture all of the recent hype in this industry. I would hate to think he would be doing this unless there was a cetain degree of confidence in what MEO has done to date, and he is still carrying some of this interest. I got on not knowing much, i still havent had a chance to see what other things they have, and its people like me who might be buying tomorrow. in any case what a ride...
MOG Price at posting:
31.0¢ Sentiment: ST Buy Disclosure: Held