MOS 0.00% 16.5¢ mosaic oil nl

great result from taylor wells, page-2

  1. 5,221 Posts.
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    I agree, MOS has fallen 30% while the market has rallied 30%. It is shunned because its financial results to date have been very muted and incremental. Its management has also been ordinary. It doesn't trade on the hype of other gas plays because of its historical performance.

    I have held a small portion of MOS for 8 years and I am still waiting for someone to take them seriously. Cooper Energy had a crack but gave up. Cooper said they didn't like how they diluted shareholders and burned through cash so easily on directors fees. Coopers always voted against the board re options and salaries.

    It seems to be a medium term cyclical stock for traders. Obviously 20 cents is a massive resistance so watch out if it ever breaks above.

 
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Currently unlisted public company.

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