OAK 0.00% 6.2¢ oakridge international limited

Ann: Trading Halt-XPE.AX, page-223

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  1. 1,922 Posts.
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    I have no idea what you are talking about - a ball of worry mixed in with some half baked advice - pinning everything on this ann but not understanding what this ann is about

    Let me summarise:

    1) XPE are making a senior appointment - I believe they will be a gun hire with awesome and super-relevant leadership skills

    2) We are getting some commercial update

    How will these affect XPE and its SP?

    The appointment puts a massive skill set into the business - helping to drive product completion, business profile / credibility, vision and sales. Whether the market chooses to instantly drive up the SP on this I don't know - but I'm certain it will accelerate the progress of XPE in many ways (so SP will move sometime soon)

    The update will probably be a nice additional proof positive - that further crystallises the commercials - this again may not cause an instant spike - but it will greatly reassure holders

    Given the SP is at a highly attractive price - I'm guessing we will see at least 20% increase by the end of the week.

    When you add to that how much more is happening in Sept I think we can go way more than that by the end of the month
 
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