D day tomorrow will have MOG holders on the edge of their seats glued to their screens as the anns. made about the outcome of the RI and CR and the TH is removed. I will be surprised if the shortfall in the RI has not been placed.
All attention will be focussed on what the trading range of the shares will be. It would have been helpful if MEO had been able to announce the Artemis farminee. Will PP get his opportunity to buy in below the RI price? I suspect that if the RI shortfall is placed at 18c that the SP will trade around that price until MEO makes its announcement.
I suspect that we may have to wait until next week for MEO's ann.
ANZ
MOG Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
