OAK

1.45%

7.0¢ oakridge international limited

Ann: Company Update, page-115

First 115 Last

Share
Profile

Follow
exberliner1

7,918 Posts.

512

24/11/16

22:21

Post #: 20872760
Share

Originally posted by exberliner1 ↑

I was a holder from 28th October last year when I bought a truckload of RYGOBs, I made a huge gain on these and so sold a few to get my original cash back + a 100% profit which left me with some useful cash and a still pretty big position in XPEOB that was completely free carried.

I still like the tech and still believe it will be a world beater, but, once we got to the expected revenue generating period as per company presos of July - September this year and nothing was happening apart from execs coming and going and very strange company announcements I sold everything and now hold no XPE shares.

Once things quiten down a bit and I see the company moving strategically in a direction that makes sense to me I will invest again.

I do not like the convertible note, I do not like the SPP, I do not like the original CR idea and I would have liked to see Xped do something constructive with the cash they had on hand. The fact that all this CR activity was underway was also further evidence that Xped's revenue generating commencement was much further away than the company had previously been suggesting.

I also do not like the bonuses paid on the top of excellent salaries to certain management and which appear to me to be bonuses for just doing their job ... in which case why are they paid a salary. I still see that Xped has the potential to become a snouts in the trough escapade for directors paid for by shareholders with ever more share issues meaning the mkt cap goes up sure but the SP doesn't.

I need to see proof that is not the case and am happy to wait.

Doesn't make me negative about Xped, to the contrary I think it is a great company with a great set of products but crazy management. I hope Mr Despain can bring it all under control.

In the meantime there are plenty of other stocks on the ASX that are moving on real news and I prefer to be with those for now.

It was my original plan to be a longterm holder in Xped, I held for almost a year but why sit and hold something if it just makes you poorer each day with its falling SP

I would envisage, barring any sudden unexpected ANNs like a takeover or Intel putting up huge amounts of cash to start promoting ADRC enabled chips, that sometime in Q1 or Q2 next year I will be a holder again.

Which still makes me a LT investor in my mind even if I don't hold any atm.

EB

Expand

Sorry sentiment changed ... haven't posted on this one for a while so forgot to change sentiment

XPE Price at posting: 3.2¢ Sentiment: Hold Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

LKE

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

FG1

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

IMR

Imricor raises $35M to pursue growth and expansion into Australia and NZ

AI stocks: What to expect in 2024-25

MCT

Metalicity looking for offers on Admiral Bay zinc project

GNX

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

Talking Australia's very competitive property landscape: Realty Talks

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

There are more pages in this discussion • 111 more messages in this thread...

First 115 Last

Add OAK (ASX) to my watchlist

(20min delay)
Last 7.0¢		Change 0.001(1.45%)		Mkt cap ! $1.889M

Open	High	Low	Value	Volume
7.0¢	7.0¢	7.0¢	$0	5

Buyers (Bids)

No.	Vol.	Price($)
2	38	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	182500	1

View Market Depth

No.	Vol.	Price($)
2	38	0.070
1	91146	0.069
2	180000	0.060
1	20100	0.059
1	86000	0.058

Price($)	Vol.	No.
0.089	200	1
0.090	150	1
0.095	1524	1
0.096	52424	1
0.110	820	1

Last trade - 10.06am 19/07/2024 (20 minute delay)

OAK (ASX) Chart

Ann: Company Update, page-115

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

Imricor raises $35M to pursue growth and expansion into Australia and NZ

AI stocks: What to expect in 2024-25

Metalicity looking for offers on Admiral Bay zinc project

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

Talking Australia's very competitive property landscape: Realty Talks

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Company Update, page-115

Top Stories

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

Imricor raises $35M to pursue growth and expansion into Australia and NZ

AI stocks: What to expect in 2024-25

Metalicity looking for offers on Admiral Bay zinc project

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

Talking Australia's very competitive property landscape: Realty Talks

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News