MOG 0.00% 0.5¢ moby oil & gas ltd

Buy the rumour, sell the fact. There was money to be made on MOG...

  1. 855 Posts.
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    Buy the rumour, sell the fact. There was money to be made on MOG from an MEO well committment. Once this occurred, many traders would have jumped ship and opted not to hold through thr risky drilling of wells. Add to this the new shares in loose hands and you have the perfect combination for a fall in SP. This is what ProPunter was referring to before. I disagree with him that the SP will revist 18 again, given that Cornea results are just days away, but a brief fall in SP was always on its way.
 
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Currently unlisted public company.

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