ODN 0.00% 0.0¢ odin energy limited

Ann: Share Sale Agreement with gridGomm, page-168

  1. 429 Posts.
    Those contemplating their investment strategy based on the less than enthusiastic response to the announcement could be correct as always but be careful , its my opinion that the deal hasn't been factored in as much as it should before today . There will be revenue coming in .
    It seems so many times a company with no revenue and anticipation can have a higher market cap than one with a near term viable revenue generating capacity . The long draw out on this deal could of made many shareholders stale and skeptical thus placing the company in a position where new blood is needed to enter as shareholders. I doubt much of the broader investment community including Mum and Dad investors have had any strong buy recommendations from brokers or advisers at least three of the newsletters I read havn't mentioned even a paragraph on Odin and I only noticed it in the list of announcements that every news letter shows when I talk to other so called investors out and about hardly anybody has heard of it . Research has constantly observed only about 2% of investors carry out any research on listed companies before investing. The early days can lead to pullbacks through no pent up demand through ignorance
    I only entered it based on my interpretation of the fundamentals and who else "seems" to be investing at least who places their name on a hold or buy and their previous history.
    Time will tell but it appears to be a little gem
 
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Currently unlisted public company.

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