OAK 0.00% 6.9¢ oakridge international limited

Timeline of strange recent events, page-99

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    I tend to agree with you, Vintage. In the normal course of events, there would be nothing considered 'price sensitive' in that announcement, it was really just a summary of activities which we all believed were occurring, the only new thing there was the OEM discussions.

    Still, having said that, just about every announcement ends up affecting the price for XPE, so perhaps the board was just covering themselves with the price sensitive tag. I personally think that it was just a distraction to calm the waters a little, and get a bit of breeze back in the sails of the sp. It was a good announcement, don't get me wrong ... it's nice to be reassured every now and then.

    This whole bubbling cauldron has its origins in early September, when the founders' shares were cancelled and the appointment of Martin was announced. I think that the associated incentives announced at the time were what upset our Head of Asia so much, and it seems to me that this is all coming to a head now.

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    Well, John's resignation takes effect on November 30 ... I think that he would be a very interesting man to sit and have a chat with sometime after that date. From the recent atmosphere on HC, I think he read the shareholders' ultimate reactions pretty accurately.

    There's a lot of flack and bubble here, and some legitimate concerns regarding incentives etc, but I really only have one pressing question ... what is the $10M (+) for?

    There is obviously a pressing urgency to get that money, and this last couple of weeks has been a mess because of the exorbitant sums being brought into play and the manoeuvring to get hold of it. What deal have they got playing out that needs this sort of money, and why pursue it with the sort of vigour that has been invested in it at this time?

    Methinks that is the heart of the matter; once we understand that I think we will understand a lot of what is going on.
 
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