Capital - exactly my previous point. Why would someone pay $30k for such short listed options? If you look at the whole picture, it's quite a good one in my view:
OGY has $4.8m in the bank and is a shell looking for an acquisition.
The major shareholder here, Tony King; was chairman of MGB which has recently completed the acquisition of Whole New Homes which resulted in 100% upside for holders of the shell.
So management has proven experience in re listing in to a shell with a brilliant outcome.
I state again, that given the re compliance rules I think we should at least see 100% upside from current levels in OGY.
Remember - recomiance for a 'back door' listing is 2c. So buying at current level is golden IMO.
FRESH
- Forums
- ASX - By Stock
- FIN
- A Very Good Shell
A Very Good Shell, page-25
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FIN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
-0.002(28.6%) |
Mkt cap ! $3.246M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $386 | 77.21K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 986852 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 109129 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 986852 | 0.005 |
4 | 1014220 | 0.004 |
3 | 1753571 | 0.003 |
2 | 950000 | 0.002 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 109129 | 2 |
0.009 | 507142 | 2 |
0.010 | 300000 | 1 |
0.012 | 167857 | 2 |
0.014 | 167440 | 1 |
Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
Featured News
FIN (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online