MOG 0.00% 0.5¢ moby oil & gas ltd

why sell 15% stake for next to 0, page-17

  1. 11,543 Posts.
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    LoveCCE

    Pretty much my conclusion too.

    A backdoor listing for some Gascorp/Albers assets, for which they require substantial funding that they do not have (except for with the sweetener Artemis).

    Could also partly explain why Albers resigned from CUE, to simplify the conflicts of interest somewhat, and to focus on what he controlled.

    Happy to stick with the more diverse CUE myself, but will watch MOG, as it could be a player, and could be a BOBN stock.

    EL
 
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