Recent happenings

  1. jwt
    3,988 Posts.
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    For a company with minimal resources, the cost of a consolidation is enormous, doesn't make sense, and is clearly driven by parties with their own motives. So here is my take on recent activities; and this is purely a guess.
    Parties involved with ODY, let's call them the name investors, already have, or will shortly take an option to acquire a potential "deal". They need to reduce the influence of existing shareholders, and have demanded the reconsolidation. Having confirmed their option, it will be offered to ODY at a premium. Apart from a price tag, lots of shares, and options, ody will agree to the deal and millions of post consolidation shares and options will be awarded to the selling entity and will make most original shareholders stakes worthless. We will not know who this deal is being done with; confidentially and all that. Due diligence will be done but we will not know who does it. Confidentially and all that. But at the end, I suspect all shareholders will be taken for a ride. But most of the shareholders will be so delighted that something is happening that nothing will be questioned. So, my fantasy. Let's see what happens. jwt
 
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(20min delay)
Last
2.8¢
Change
-0.001(3.45%)
Mkt cap ! $30.91M
Open High Low Value Volume
3.0¢ 3.0¢ 2.7¢ $172.9K 6.148M

Buyers (Bids)

No. Vol. Price($)
7 964442 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 83036 1
View Market Depth
Last trade - 14.05pm 11/08/2025 (20 minute delay) ?
ODY (ASX) Chart
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