Great post.
The secret to creating a valuation is the value of the major shareholders.
OD6 majors have no profile and no eagerness to buy more stock, even just to sustain a reasonable market cap valuation. they came in free carried and that’s the way they’ll stay. The test for them will be when the have to put their hands in their pockets for a fundraiser. Will they be prepared to do that? Do they have the means to do that.
Gerry Harvey in MEI has. Where is a Gerry when you need one?!
Ann: Chairman's Address and AGM Presentation, page-55
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OD6 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.533M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 74000 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 42302 | 1 |
View Market Depth
| Last trade - 16.12pm 16/08/2024 (20 minute delay) ? |
| OD6 (ASX) Chart |
Day chart unavailable