Slight disconnect, page-2

I have been trying to warn about this one for 15 months or more. It seemed like a good idea at the time, but simply didn’t work. The decline has been pretty evident for quite a while. They then went gallivanting off to America to try and spread the failing idea to new markets.

It doesn’t give me any pleasure to see 50 million dollars worth of market capitalisation vaporise. This current “recapitalisation” sets the value of 15% of the company (at 0.4 cps) at $166.000- so the whole things comes out at worth around $1,000,000. The rights issue will quadruple the shares on issue and dilute the hell out of any hapless holders who don’t participate.

I copped lots of criticism from the true believers along the way….

Munglinup 15/4/2022 “Oz Wire my dear friend - is Aussie really the focus pal -aussie market isnt what we are about - its a side show - focus on north americawhere they reallly really tech consumers is what we are about”

Munglinup 16/4/22 “Your right on the money oz-wire - please forward me other stocks you follow so I ensure I dont touch then with a barge pole. Aussie market is dead - yer right - price has doubled - argh yes it has - and oh is Nrth America underway as promised - yes exactly what they said they would do.
Should change ya name to "oz-wrong on allfronts"

RichterSkale: 9/6/2022 “Feel free to provide any credibleevidence to a) property boom is over, and b) OPN is getting virtually zerocashflow?”

RichterSkale - 22/6/2022 “Another nail in the coffin of @oz-wire's credibility”

At least RichterSkale seems to be on my side now with his:

RichterSkale19/5/2023 : “It's definitely a failed business mode”