OAR 0.00% 0.2¢ oar resources limited

OAR - Gibraltar Halloysite Deposit, page-197

  1. 11,825 Posts.
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    You cant compare apples and oranges.

    LRS look like they are doing TOO MUCH marketing to keep people keen. Therefore most of their holders are probably the pump and dump type investors. Which means when things settle and/or results don't match the excitement levels of wordings in previous announcements then the SP is more prone to a massive collapse because existing holders expected more.

    On the other hand as we see with OAR, If they are patient and specific and only update the market on fundamentals and FACTS (like delayed results which they have done) then the upside is going to be more once the results are received - because the expectations are less and investors are therefore more surprised and this creates added excitement and belief in the company.

    Yes, the difference in SP might be apparent now, but in 6 months time to 1 year it might not be. One thing I have learnt in the resource space is things can change over time and management behaviours and expectations do have a long term impact on the confidence of a share price.
 
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