The complete lack of market interest in MOG and BAS is surprising.
Now drilling their 4th well, surely the odds must be getting better for some success.
The seismic work can't be all dud, can it?
Guess the change in substantial holder's notice from CBA isn't helping sentiment.
No success means 10cents next week, success could see $1. (77mmbls x .35 x $5 div by say 100 million shares, )
I hold, fingers crossed.
TDF
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- next week - either 10c or $1
next week - either 10c or $1
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