MOS 0.00% 16.5¢ mosaic oil nl

strike oil, page-23

  1. 5,851 Posts.
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    re: brunette-two Yes I understood what you meant however, the news hardly made MOS's price rise at all except if you were holding the recent discounted shares.
    As mentioned in my post, the MOS directors themselves put a value of 50 cents per share well before the most recent announcements.
    The 50 cent figure is in a report about 2-3 months ago.

    It would seem that the directors are mystified by the share price over the last 6 months.
    If MOS are going to generate further income as a result of the last two announcements then it would seem logical that this will benefit the share price.
    Mosaic have harped on the potential and future potential of the Surat Basin and Santos also seem to see the potential.

    I see potential upside in the next few weeks but I will hold for much longer term just as will the majors.
    My opinion only Brunette.

    Good luck in 2003.
 
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