OAK 0.00% 6.9¢ oakridge international limited

purely TA theory posts, page-405

  1. 4,703 Posts.
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    I doubt that's the best way to go IMO. Surely, if there is nothing suspicious going on they coudl release an announcement and just tell it as it is: nothing is going on, we are still working with the same parties under the same MOUs with no negative/further news in this regards. Lisa left in no way in relation to any of our potential MOUs and the like.

    All of this would be repeating already known information but essentially confirming it is still business as usual - without listing the chipset maker.

    Short of doing this then i would join dots and say a) lisa's departure was more than standard biz, on such short notice it is starting to stink b) the chances of a negative realisation in their MOUs and a leaky ship causing an exodus could be ruled out.

    If they can't even re-affirm that all of these anonymous MOUs are still business as usual then I think many will take what they can infer - and it won't be pretty if you ask me!

    If not a single word comes out before trade tomorrow then I don't like the chances of a bounce back. Except for those holders who may have got stopped out and want back in?
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