OAK 0.00% 7.0¢ oakridge international limited

Ann: Notice of General Meeting, page-112

  1. 256 Posts.
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    Hello Doona
    thank you so much for your feedback. I appreciate it.
    I can follow the math.
    That means that when shares are now worth 1.7c apiece.
    I own 50.000 shares x 0.017c = 850 AUD$
    ASX or someone will cut them in half, so I'll have 25.000 shares left = totaling 425 AUD$ = 0.017 AUD$

    Well.. I guess that because of this operation everybody loses, nobody wins ?
    Hmm.. I guess I can live with that, IF XPED now gets out of the swamp.

    But I am still wondering, why would management buy/purchase shares back (if I read that correctly, my english is not that good, so I may be mistaken of course).
    If they repurchase/buy back , they must know something.

    TIA,
 
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