OAK 0.00% 6.9¢ oakridge international limited

XPE Lounge, page-711

  1. 1,241 Posts.
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    So .... the RTO was in April, and there are people demanding revenue announcements from a company in the most fluid part of the technology industry less than six months later. I bet when they turn up, the price will drop because it's not for $1b per annum - but a percentage of a chip sale (such as what we are looking at now with Telink) - and there will be all this disappointment about it being undefined.

    It seems to me that a huge percentage of shareholders are in for the short term gain, and blow with the winds of the market ... and thus the share price does the same. Those who arrive here with these intentions can hardly complain about the share price - it is the large number of short term fortune hunters who make the sp what it is!

    Until more people are seriously behind this stock and the technology it represents, the share price will be all over the place ... long term holders are far outnumbered by those searching for a quick buck, and so sit through the stream of complaints about the lack of instant results and the hysterical fluctuations generated by the wildly optimistic increases, and the screaming panic of decreases.

    I've been here for almost a year - and I want the price to increase. I don't want it to increase to $1 tomorrow, because it could not be sustained. If it picks up a small percentage each week, and climbs in an orderly manner, that would make me far happier - because it also gives an Australian technology company a sustainable base to work from - and God knows, there are few of them around - and I think Xped has all the assets to get it into the big time - from good technology to a couple of founders who know what they are doing, and have their noses to the grindstone making things happen.

    We all just need to give it time, and let them do their thing. They have done pretty well so far.
 
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