OAK 1.45% 7.0¢ oakridge international limited

participating in the SPP ?, page-161

  1. 4,867 Posts.
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    Well Mrs C decided to throw some money temporarily my way so I am participating. She seems cool for me to give her money back when i sell my existing shares at on or above 3.3 and she is happy to wait a bit too.
    Why am i participating, to be rewarded with the free options and unlike some I consider that they have a couple of pips value. So as long as I sell a coresponding parcel the same value as my spp amount at the same price then i deem i am in front and rewarded, and if over the next 18 months this gets to a shareprice north of 5 cents, then i am happy to either convert or sell on market which ever is the smartest play at the time.
    Once the spp is completed i suspect that the shareprice will still be held back and manipulated, especially considering we still have a large amount of tranche 1a that could be converted, so no rocket for xpe, more a steady climb.
 
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