From the numbers, it certainly appears to be valued at over the current 35 - 43 range.
Points to note from a trading perspective is: Will there be long term holders taking profits tomorrow when they realise what's happened here and missed it today?
Possibly, though long term holders are likely to see future value - that's why they've been holding?!
Will todays news spread and cause a strong day tomorrow too?
Posssibly - and the mix of leng term profit takers with new investors and traders will cause a very interesting day!
Could well be another major run to come, but the market has to KNOW how to value it first, otherwise it's sheep, fear, and emotional trading!
I'm holding overnight to see what tomorrow brings - and betting that long term holders will see more value to come.
MOG Price at posting:
31.8¢ Sentiment: Hold Disclosure: Held
