Supercat, you have done it again with your in-depth analysis of our way forward.... saying it is now payout time, with our shares worth between $3 and $5 a share.... you are right again.... you are on the money...
My brain is so Kennedy, (God bless his soul) Robert Kennedy made us happy when he said something like this.... there is a lot of iron ore here, and Flinders Mines is really worth around $1.74 a share.... now those days are long gone, and we know that there still is a lot of iron ore in those hills. So my Kennedy mindset of $1.74 a share now has to be reset to a more realistic, $3 to $5 a share...
We minorities are mostly a trusting bunch of shareholders, (except for certain deals) even now our family love could be extended to the Todd Corporation and their partners, to buy us out over 4 years. (just like a mum and dad loan, that we give to our kids). .. simply put... $1 deposit (up front) per share now and $1 per share each year until the five dollars share price has been completely paid...what can you buy for a dollar these days......
We ordinary investors are trying to help our corporate majority shareholder.... again.. We all know they are negotiating behind the scenes, and what ever they come up with may or may not be the right deal for us.... however, if OCJ is included in those talks then the deal should be ok for all of us.
Not long to go now, and we will soon know if Todd can get all of their Ducks in a Row... in time... my thoughts only... not advice.... still bored.... SET
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84.5¢ |
Change
0.040(4.97%) |
Mkt cap ! $168.8M |
Open | High | Low | Value | Volume |
84.5¢ | 84.5¢ | 84.5¢ | $95 | 112 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5 | 80.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.0¢ | 10355 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5 | 0.805 |
1 | 3035 | 0.800 |
1 | 2531 | 0.770 |
1 | 16200 | 0.760 |
2 | 5573 | 0.740 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 10355 | 1 |
0.890 | 2368 | 1 |
0.910 | 20000 | 1 |
0.980 | 10000 | 1 |
1.000 | 1812 | 2 |
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