imo the reason MOG isn't moving today is just due to caution....

imo the reason MOG isn't moving today is just due to caution. there are too many twists and turns for traders.. yesterday i was very bullish on MOG based on MEO's ann, then they say they're doing a CR this morning.. you just never know what's round the corner

i sold out this morning at 28.5c and 29c because i don't like holding speccies when they are doing cap raisings.. in saying that, it looks like a pretty good deal, especially seeing as they want to give the retail investors a fair go (18c v not less than 20c for sophisticated/institutional)....