OAK 0.00% 7.0¢ oakridge international limited

Ann: Amended Securities Trading Policy , page-3

  1. 460 Posts.
    lightbulb Created with Sketch. 1
    It's a load of bollocks, but the only people who can get a margin loan on a specific asset are people with lots of assets. (Major Banks don't do MLRs on OAK). So it is basically just for show because Brett will just get the chairman to sign his exemption when his loan has recovered. If not, he will be forced to change his investment, or sell sell sell, until his loan is paid off; keeping the remaining stock.

    The issue with the Bank's is that they want to reduce the loan to asset ratio. They are not contesting the asset valuation or they would have required an additional third party evaluation. Oaks has been ok with their balance sheets.
 
watchlist Created with Sketch. Add OAK (ASX) to my watchlist
(20min delay)
Last
7.0¢
Change
0.000(0.00%)
Mkt cap ! $1.889M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 19 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 1524 1
View Market Depth
Last trade - 16.12pm 26/08/2024 (20 minute delay) ?
OAK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.