Grant, I think yes, 50c is indeed possible. Nothing is certain, let me k=make that point clear. However, MOG is full of opportunity and wonder and that is what is drawing the crowds.
Tomorrow the floors are wiped clean, the gains of the day before are forgotten to an extent. It is hard to do 300% one day, then after lunch do another.
But the next day, it is completely different. New traders and holders come onboard, people have had time to digest the news, and more possibilities are upon us.
The starting price should be around 40c, and 50c could and should be an easy one to smash through.
Why, and why is this not a ramp?? Market caps against MEO - and the subject line of this post - At a $1 sp, it is only a $200M company. If indeed this field is, as the title suggests, then what sp would this hit?
Don't listen to me, I'm only a mug punter, but I think momentum and possibility will push this to 50c or 60c tomorrow. The market cap factor is what keeps me excited here.
I missed out on so many opportunities in the past, CDU 40c to $10, sold my mako at 43c to see them 3 months later at $2.64, and the list goes on. I will scrutinize these opportunities each and every time, and I think we have a good crack at it this time.
Wilson
MOG Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held