OAK 0.00% 6.9¢ oakridge international limited

Ann: ADRC Now Running on Intel Moon Island Gateway-XPE.AX, page-65

  1. 1,209 Posts.
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    This is what spec stocks are about. You either have the stomach for the risk of Intel not signing up, or you don't, essentially. You have to weigh up if you are willing to risk the cash for the chance of 10 bagging or invest in your safer blue chips with what amounts to a bi-annual return of dividend income. Everyone just needs to assess their risk tolerance and how much they deem as acceptable to lose in the case of disaster. Others love the risk and will invest a hell of a lot into a spec stock in hopes of ridiculous returns. Up to the individual.

    I think we've reached an SP with a bit of equilibrium in that people are afraid to put the money on the line for 10 cent shares whereas when it was 5 cents, people were more willing to invest because a fall from 5 to 2.5 is a loss of half your cash, whereas a drop from 10 to 2.5 is significantly further yet just as possible.

    I think the SP will hover around the 9-10 mark until we get a concrete outcome for better or worse.
 
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