OAK 0.00% 6.2¢ oakridge international limited

Major high level breach at 6.2 cents, page-30

  1. 692 Posts.
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    As SaberX stated most of todays volume went through in the low to mid 5s with not much being traded above 5.9c. At this price we are almost at 150m mcap and would be looking to enter into the ASX300 if the price is kept at these levels or higher, which would be insane for a company that listed onto the ASX only 2 months ago. Comparing it to the BRN run where the price went from 3c - 50c+ is ridiculous as BRN had 10 times less shares on issue than xpe has.

    Not much mention is made about the fact that XPE has only been operating for less than a year on the ASX (incl RTO period) and has met every deadline and milestone set ontop of much more. The team has done extremely well to bring the company to the public and is now in a position to announce some juicy partnerships that we have all been waiting for(and that has been partially priced into the sp). To achieve a < 100m mcap this early on is an achievement and holders should be content with the way its going instead of predicting baseless ramps like 50c in 6 months. RFN and 1PG achieved ridiculous market caps in their prime and got smashed into oblivion. I would be much happier if XPE continued a sustainable rise instead of 30% rises on no news. To be honest it would've been much easier for me to type '10c incoming next week' but i am seeing too much emotional posting and responses and not much clear objective thinking about how this is all really playing out. In the end its better to be in a stock like XPE than out but dont get caught up too much in the fairytale land that some posters live in ;)
 
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