MOG 0.00% 0.5¢ moby oil & gas ltd

albers ri participation, page-8

  1. 1,431 Posts.
    lightbulb Created with Sketch. 97
    Albers' % of the Co. holdings has been on my mind for some time now. I think there are a couple of things worth keeping in mind.

    As the largest single holder, and through various entities, maintaining a majority stake, Albers is now able to unreservedly use MOG to self serve personal interests. I believe there is a bit of risk involved here, because he could commit to deals that are not necessarily in the best interests of MOG as a Co, but may better suit some of the entities that he is a holder in elsewhere. Ultimately he doesn't even need to worry about shareholder sign off now, so it is his pawn to use as he so wishes.

    On the converse however, his now large financial commitment to MOG may be extremely positive for the rest of us holders. We may see more great deals come the way of MOG, ultimatley benefiting all holders.

    I'm very much in and holding, and I do honestly believe we will be rewarded accordingly, but I also believe it's smart investing to consider all the 'what if's'. Let's just hope we see the latter situation prevail.

    On a separate note, a little Christmas thank you to all the posted on the MOG thread. One only needs to spend a short amount of time on the MEO forum to see howvaluable contributions to that thread are hidden and outnumbered by the multitude of pointless, uninformed and unintelligent posts. I find the quality on MOG to be fantastic, so thank you to all. No doubt as we see a rise in interest from the market toward MOG we will inevitably suffer the influx of punters here also, but that's the 'price to pay' for an increase in the SP, so to speak. So cheers to you all!
 
watchlist Created with Sketch. Add MOG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.