ODN 0.00% 0.0¢ odin energy limited

Deal completion details, page-124

  1. 514 Posts.
    Guys, I can see the cracks of worry start to form. We've been here before, will be here again. Don't panic sell. Constant down-ramping here will help to shake weak holders and I personally think that's unfair, especially as many of us are not made of money and can't afford to sell at loss.

    One positive announcement is all that it will take. A '100% deal done, and now pending Gridcomm re-listing on the ASX within next 8 weeks' will stabilise and increase SP. I believe Odin current management have no real interest in the intricacies of the deal, and only once Gridcomm are at the helm will we start receiving progress announcements of current and future deals. All I know is sell if you wish: I don't see the SP dropping below 1.2c (and we've been there before remember - and then it, for no reason whatsoever, shot up over 50% and got a speeding ticket). I can tell you this if we do hit 1.2c, I will sell the remainder of my other holdings to scoop up as much as I can of ODN (while it still remains 'ODN')

    IMO, especially to those new to ODN, don't sell into panic and HOLD. This roller-coaster will continue on and soon start climbing upwards (possibly very quickly).
    Last edited by souls_edge: 30/03/16
 
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