Normal
MOS has been hovering around the share price offer for a while- I think it will continue to do so until the offer is all wrapped up. Providing the oil price trends up I think MOS will also go up from there. From what I understand a big chunk of the capital raised will go into quite a few new drilling projects. If we see a series of positive drilling results I imagine the SP will rise as it did after the last series of drilling reports.This is only my opinion of course (I bought in today again at 11.5c). Unless another global correction occurs before year's end, I'm thinking MOS will be back above 15c in a month or so (hope I'm not eating my words down the track!)
MOS has been hovering around the share price offer for a while- I think it will continue to do so until the offer is all wrapped up. Providing the oil price trends up I think MOS will also go up from there. From what I understand a big chunk of the capital raised will go into quite a few new drilling projects. If we see a series of positive drilling results I imagine the SP will rise as it did after the last series of drilling reports.
This is only my opinion of course (I bought in today again at 11.5c). Unless another global correction occurs before year's end, I'm thinking MOS will be back above 15c in a month or so (hope I'm not eating my words down the track!)
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
