OAK 0.00% 6.8¢ oakridge international limited

Ann: Trading Halt-XPE.AX, page-110

  1. 4,708 Posts.
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    No, not really. One always regrets missed profit opportunities, but I'd be a millionaire on just counting all the missed opportunities and would never get anywhere. I am sure many a successful investors have missed 10, 100 baggers even and kicked themselves. Once out of the stock - regrettably earlier on for me before the Martin bombshell- one has to accept not being exposed to news flow.
    I was merely mentioning that it hasn't been the first time a 'material' announcement has been underwhelming and actually results in a drop. That said there are numerous news items due soon for september and the like, so exciting times ahead. Arguably I would have bought back in at the higher prices for news flow but had reallocated to other stocks, so I will just have to revisit once I have the funds and see where XPE is at.

    all this talk about $0.50 though needs a reality check though. a profit for shareholders on good news to come... even 1, 2, 3 cents depending on the news is great, but $0.50 - the company's a long way off revenue to value it at 1 billion dollars.
 
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