"... the Board is currently reviewing other potential commercial opportunities for Oakajee with the aim to add further value to shareholders.
The Board is very pleased with its investment in recently listed Company, Ezeatm Limited (ASX: EZA), the $2M invested now has a current market value of $5.4M.
The Board will continue to keep shareholders informed of any development on potential projects for Oakajee."
It sounds like a further announcement might be just around the corner in terms of new investments/ projects! This is alluded to twice in today's announcement. I would also have thought this will be a new direction in terms of core business rather than another investment in a listed company. It has to be a good time to jump on board if you trust the track record of the board.
Personally I passed on EZA at listing and missed a rare opportunity in the current market climate. I won't be passing not this opportunity at sub $0.20 prices.
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