MOG 0.00% 0.5¢ moby oil & gas ltd

Did you guys read the announcement ??MOG intends to issue...

  1. 6,029 Posts.
    Did you guys read the announcement ??

    MOG intends to issue 120000000 shares for the cap raising

    The shareholder value just got diluted

    The only reason it has held 28.5 is the MEO run of 10% today


    An announcement like today of shares issuing at 18c and dilution of shareholder value would normally see shares dive . Have a look at MAE today

 
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Currently unlisted public company.

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