MOG 0.00% 0.5¢ moby oil & gas ltd

Hi OscarwonJust throwing in my 5cents worth. Meo is the...

  1. 12,085 Posts.
    Hi Oscarwon

    Just throwing in my 5cents worth. Meo is the locomotive and Mog and Cue are carriages. Artemis is the coal.
    The JV is negotiating with Meo(due to it's current 70%),not Mog and certainly not Cue. I am just a humble trader but I can not see the logic that Mog is a less riskier proposition. After the successful(not!) efforts of Cornea and Braveheart I wish(not) I had plunged all my Meo value into Mog!
    As to Mog being 20 by end of next week, on what grounds? That Meo ann pending will ramp price up? Hardly Mog performing on merit if this is the catalyst. You said if Meo is 10-15 then Mog less riskier at 5-6. If Meo is 10-15 Mog will be worth Msc price prior to 50:1 consolidation.
    Mog and Meo are spec stocks. No more, no less. To read any 'guarantee' into any is turning the stock into a casino chip. Meo is returning better table odds due to an alledged huge partner. I assume the deal has been worth the wait. I know squat 'til all is revealed. Same as everyone.
    Today is history, tomorrow a mystery.
    Good luck to all regardless of holding.
 
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Currently unlisted public company.

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