Great Kenny - I appreciate your insight.
Sounds very complicated. The market is hardly rewarding uncomplicated assets at the moment (relatively), so it might be a stretch to expect much here. In a different market, maybe. I hope LSX are not committing more good money after bad, and succumbing to bias on their near all-in bet on OAR.
At the very least a write down for LSX's holding seems inevitable, and the new $4M committed will likely receive the same discount to value the market has put on the rest or OAR.
Disappointing no doubt.
Status of OAR, page-9
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Last
50.0¢ |
Change
-0.010(1.96%) |
Mkt cap ! $70.57M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 50.0¢ | $27.49K | 54.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 44929 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 37527 | 2 |
View Market Depth
| Last trade - 15.33pm 01/10/2024 (20 minute delay) ? |
| LSX (ASX) Chart |