But Moltons' first big buy-ins were at around 32c, and they have supported pretty much all other cap raises through placements and rights, so taking up the placement and RI even at .006 would still leave them behind the 8 ball, imo.
A few days ago I recently doubled my holding being 1st in line at .008, for weeks (dumb throw away price if it ever gets here!), and as such I will not be "doubling up again" at .006 (only to find I might have to do it again at .002, or .001, and then lose the lot anyway??!!!).
What if Molton want out after all these years, and want as much of their money back as possible? If most s/h's don't participate, they only need enough to comply with the MacB covenant (to get them off their back), and as per Rons scenario above, Molton get control of the company to carve it up how they please.
I wonder how the Jetter/Molton friendship is going, perhaps stronger than ever in this environment??
- Forums
- ASX - By Stock
- OEL
- Ann: Presentation
Ann: Presentation, page-26
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OEL (ASX) to my watchlist
|
|||||
Last
1.3¢ |
Change
0.001(4.17%) |
Mkt cap ! $59.93M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $5.604K | 466.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 9887653 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 14325513 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 9887653 | 0.012 |
3 | 1201542 | 0.011 |
13 | 20387452 | 0.010 |
1 | 100000 | 0.009 |
5 | 595371 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 14325513 | 20 |
0.014 | 11495902 | 12 |
0.015 | 4927000 | 9 |
0.016 | 714285 | 1 |
0.017 | 2072000 | 2 |
Last trade - 15.46pm 28/08/2024 (20 minute delay) ? |
Featured News
OEL (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online