MOG 0.00% 0.5¢ moby oil & gas ltd

I have retained a meagre 10 shares in the event of a favourable...

  1. 2,889 Posts.
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    I have retained a meagre 10 shares in the event of a favourable SPP being offered I will be eligle to participate with my umarketable $2 parcel, hence I have a position.

    Upside there medium / long term agree but short term this is very limited with the number of traders and new holders wanting to turn a quick profit from a stock that doesn't have the liquidity and demand that they need for this but the brokers will place it with them anyway. So potential downside exists, in particular short term very dangerous. Somewhere deep in the abyss I'll be waiting to buy off the sophisticated ones taking a hair cut, we'll see.... but good luck to all! I think we all want the MEO farmee announcement to be a good one!
 
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Currently unlisted public company.

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