and how did you get that upside target ratio of 2:10 (MEO/MOG)?
As of todays close, MOG's market cap is 1/5th of MEO's, what MOG investors seem to not realise is that 120million shares are coming out of escrow on the 23rd which in effect almost doubles there current market cap.
So at the beggining of todays trading
MEO - 300mill market cap vs MOG - 60 mill market cap
MEO 25% vs 10% interest
Nominal Market caps (incorporating the %interest)
MEO - 300mill market cap vs MOG (60 *2.5) $150million Market Cap
So the ratio should be 1:2 Upside not 2:10 based on marketcap and % interest
Mog also is a one horse poney with very little cash MEO Has other high value projects and has 20cents cash backing
If artimis does come in, Mog will spike but support will be limited as most of the buyers at these prices are spec punters who will take profits. Wereas MEO has big institutions on the register that will support the shareprice (i.e wont take profits as fast/like spec punters do).
Also the astute risk/reward investor would throw a larger "punt" on meo then mog as downside risk on MOG is much higher. e.g feel more confortable putting 50grand on MEO and say 20 grand on MOG. (as nothing is certain, but what is a given is the downside in the case of a duster)
MOG is a daytrade, MEO is an intestment. Dont get me wrong I daytrade the crap out of MOG, but the upside target ratio's of 2:10 that you are projecting is so off the mark, and newbies need to keep in mind the other factors.
MEO Price at posting:
51.0¢ Sentiment: LT Buy Disclosure: Held