OAK 0.00% 6.2¢ oakridge international limited

XPE Charts, page-12317

  1. 745 Posts.
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    Does not make financial sense on the CN holder's part to bid at 2.1 cents. To maximise returns, the lower the SP, the better for them as it gives them more shares on conversion and dump at market. So it is beneficial for them for the SP to go south of 2.1 cents.
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