This play was brought to my attention by Mke_d and JGygli .
Keep in mind there are alot of what ifs here and rumors are running wild. Where exactly the truth is could be difficult to find right now.
Shares Outstanding: 71.98M
Float: 64.65M
Here is the story and a few links. Remember play the story and ride free shares if you want to see how the movie ends.
Take the info below with a grain of salt and make your own decisions. I bought a few but I wouldn't trust the numbers below but some people will so this may run higher.
MOSH unit holders are seeking $1.2 BILLION in damages from Woodside ($30B market cap) and PXD ($6B market cap). With 72M O/S, this would be about $17.00 per share/unit for MOSH shareholders! MOSH is a trust, so any settlement or lawsuit judgements would be distributed to share/unit holders after expenses. The next hearing is set for January 14 2007
Webiste with info on MOSH's case against PXD and Woodside:
http://www.mosh-info.byethost32.com/
Mesa Offshore Trust Announces Proposed Settlement Agreement, Including Resignation of Trustee and Appointment of Temporary Trustee
Thursday December 13, 12:39 pm ET
http://biz.yahoo.com/bw/071213/20071213005820.html?.v=1
Lets see what this will do