Sorry this my last post on MOG cause I appreciate this info you just gave me. I missed it to be completely honest and I really appreciate your help.
I didn't realise they MEO let some pipsqueek oil company get a share of the pie of the billions of dollars of tcf. It's a shame no one told MEO they could do another capital raising to keep 70% of 12tcf LOL. I would have thought a company with a 200 mill market cap would find it easier to raise capital. Silly me.
Thanks again winecollector. It all makes sense now and I am buying tomorrow.
MOG Price at posting:
31.0¢ Sentiment: ST Buy Disclosure: Not Held