Tax return of nearly $1 million due this month giving OD6 just under $3 million in the bank. Fundraiser next year some time.
Market reaction to every announcement is negative. But suppressing the sp by whoever can’t go on much longer. They can’t go in to an AGM with this sp and not get grilled on why they can’t break through with investors.
Is it the BH KLL history? Massive losses for shareholder and embarrassment for brokers who recommended that sham. Pay back time or is it something more sinister?
MEI appears to be a yardstick for OD6. MEI market cap $455 million with OD6 $10 million. Go figure.
Notwithstanding, if OD6 have the goods then a I’d rather be involved in a major project in Australia than Brazil.
GLAH
OD6 Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
