What happened to EXM / SRT recently imo will happen to ODN on news of a deal...
ODN needs to rerate from now until news hit to a market cap sophisticated / insto's want which is taking into consideration a share agreement with Gridcomm...Remember Gridcomm have a fair bit going on themselves...
Its only post consol / raising / placement etc and business starts booming that this will be valued accordingly..Unsure of when the BIG pump will be but that's the one you want...
IMO 2.5-2.8c from memory was a good foundation lots of churn maybe around there for an indicative number.. That's also 25x the 250M share dagger hanging which can churn out.
I would be happy with 1 bag though from here over coming days..
ODN Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held