MOG 0.00% 0.5¢ moby oil & gas ltd

Updated “Best Bets” for Gilbert/Maclean. The results include...

  1. 172 Posts.
    Updated “Best Bets” for Gilbert/Maclean. The results include full dilution for options where appropriate, plus small adjustments for free carried stocks MOG and LKO in Gilbert. The new values reflect Friday 30 Sept closing prices.

    These wildcat wells are significant high-risk/high-reward speculative ventures, so care should be taken if you decide to have a flutter. In the context of speculative energy sector trading, the following companies offer some of the best short-term profit making opportunities at the moment.

    1) Gilbert-1, Oct wk-1/2, 56mbo, Stocks: MOG, GOP, EBR, LKO
    Best Bets: GOPO (opts), GOP, MOGO (opts), MOGOA (opts), EBRO (opts)
    Mean Gains%: 4500, 2200, 1200, 500, 500

    2) Maclean-1, Oct Wk-3/4, 77mbo, Stocks: MOG, BAS, EBR
    Best Bets: MOGO (opts) MOGOA (opts), EBRO (opts), BAS, MOG
    Mean Gains%: 6500, 2700, 2100, 1700, 1400

    The above two wells are running back to back – Gilbert first then Maclean. Both LKO and MOG are free carried in Gilbert. Currently BAS is in a capital raising trading halt so further dilution will most likely occur, which will reduce the potential gains. It should be noted that both MOGO and EBRO convert to (1 MOG + 1 MOGOA) and (1 EBR + 1 EBROA) respectively, hence the greater leverage gains for MOGO/EBRO over MOGOA/EBROA. This seems to have been overlooked by the market at present.

    Good luck and happy punting,
    Mensa.
 
watchlist Created with Sketch. Add MOG (ASX) to my watchlist

Currently unlisted public company.

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