MOG 0.00% 0.5¢ moby oil & gas ltd

Ann: Trading Halt , page-8

  1. 2,890 Posts.
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    yes the brokers will place the shares with their 'sophisticated' who will be promised a quick trade, that won't eventuate IMO, too many people looking for the exit doors, rights issue heavily undersubscribed for example plus the 'sophisticated' who got conned at 21c. If it falls below 15c watch out there will be no bottom, too many shares and not enough cash, don't give me that Artemis MEO vs MOG crap, the fact is these guys won't have any revenue for years to come and MEO does and will.
 
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Currently unlisted public company.

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