MOG 0.00% 0.5¢ moby oil & gas ltd

still significantly undervalued, page-52

  1. 252 Posts.


    although im not going to be buying in (too risky), this still might have good short term potential.

    noone is going to be putting their money into a SPP (if that's how they choose to do the CR) unless the company is looking good and the SPP is a good offering (reasonable price, not too much dilution etc etc). at the moment there is too much scepticism and the market has barely digested what's just happened

    with MEO's farm out announcement coming out potentially in the next week or two, there is going to be a lot more interest in MOG.

    imo, albers & co would want to have MOG looking a lot better than it does now before they would even consider doing a CR. the CR isn't going to happen any time soon.. at the VERY least, we want to know who is going to be drilling at artemis

 
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Currently unlisted public company.

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