Wipeoff, you are saying that if a discovery of approx 200mboe (mogs share) is made, mog will only have a market cap of $70m - no chance. If a discovery of this is made you can expect that mog will at least have a market cap of $400m plus,as it will simply be a target for a take over. The share price could easily be valued $1, $2, whatever....
Major's will be all over these juniors in the event of a significant discovery.
There are broker reports issued on cue stating that a discovery will add $1 to their current share price. Sure they have a 50% greater share however mog is a 1/6 of the size.
Go to a forum where your comments are appreciated.
- Forums
- ASX - By Stock
- MOG
- cannot believe sp
cannot believe sp, page-33
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MOG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online