The thing which I do not understand with MOG is why one of the big boys have not swooped in and bought this company. According to the figures it has a market cap of 22 million..maybe this is incorrect. I know Albers has a huge stake, but surely he has his price.
But considering the money the big boys are spending on drilling holes, why wouldnt you try to snap this up, and have 15% of a 32% chance of 12 TCF. Surely that has to be a risk worth taking for the big boys.
This is my concern so far...why have we seen so little interest in something which is worth so much. Is it fishy....
Ths same applies to MEO. I grapple with this thought everyday.
I continue to hold...but my patience is being severely tested like most other holders
MOG Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
