Interest on the cash mos held thro 2007/8 is more or less the...

  1. 4,833 Posts.
    lightbulb Created with Sketch. 1
    Interest on the cash mos held thro 2007/8 is more or less the amount of increased profit made on last yr. No other comments on the accounts. Pretty much the same to me as last few yrs . that’s not much progress at all. Another sad case for mos. Just doesn’t seem to be able to make much financial mileage.

    Without raisings, this little monster would’ve died yonks ago. The last rights was, as i understood it, to enable mos to go mad and have a good dunk at the qld, cooper – eromanga atp 934. if my memory serves me right, this cost about $6m for the chance of something ‘good’. Mos were pleased to win it. Did they pay too much ?

    Looking at mos now, it has Freneau and atp934 and probably it’s best chances for a long time. Failure with Freneau will not help the share price at all but atp934 well may be a get out of jail card.

    I had hoped to get back in at around 8 cents for the atp934 play but feel to include Freneau in now is worth a real punt.

    If both dunks above fail, mos can always have another raising. It’s certainly good at them.

    Too many directors have left past yrs too. That’s always at the back of my mind. Why, i ask ? some very sudden departures too. Maybe the pub in surat aint very liquid ? a bit like some of dem wells.

    One more try.

    At least i’m in front this one from my previous holdings.

    It would be nice to see some success. At last !

    Trying to buy weds but will not chase.

    Be good,

    40.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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