MOG 0.00% 0.5¢ moby oil & gas ltd

Some people dont understand the term free carried. For 120M...

  1. 1,888 Posts.

    Some people dont understand the term free carried. For 120M shares of MOG they have bought a 15% free carried stake in Artemis, 20TCF of gas that has sent MEO from 10c to 80c in recent months. Difference here is that MOG is still a fraction of the market cap of MEO. A realistic target here is a $1.
 
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Currently unlisted public company.

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