Australia's largest stock trading and investment forum Australia's #1 stock forum

ODN

Click for more information

0.00%

0.0¢ odin energy limited

Ann: Update on gridComm transaction, page-260

First 260 Last

Share
Profile

Follow
serena

10,370 Posts.

222

08/01/16

09:59

Post #: 16754592
Share

Originally posted by Patiktik ↑

I would hazard and guess that another steep ascent followed by a major sell-off will happen when the gridComm deal is actually signed. And that we will retrace to a "higher" low. I believe the current SP's ups and downs are due to the gridComm deal being announced (up) and that the initial date for signing was delayed (down). Then an update was sent out explaining the delay (up) and then yesterday's sell-off due to some fearing the worst (down).

I believe the next thing that will light the rocket under ODN post-acquisition is the very first revenue report or a new contract that will show a seamless integration. We know that these things don't happen overnight but I believe this will be the next level up in the ODN ladder.

All IMHO. Best to DYOR. Best of luck!

Expand

If the acquisition of gridComm would be successful, you still need to assess whether the profitability of gridComm or benefits of acquisition would be greater than the dilution. Up to now, there is no publicly available information to assess it. DYOR, please.

ODN Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

BPM

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

Essential Energy conference: Streamlining approvals key to the green energy transition

EXR

Essential Energy conference: Elixir talks up unlocking QLD's Taroom Trough

There are more pages in this discussion • 179 more messages in this thread...

First 260 Last

Add ODN (ASX) to my watchlist