OAK 0.00% 6.8¢ oakridge international limited

Ann: Response to ASX Price Query-XPE.AX, page-292

  1. 13,485 Posts.
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    coolgrace - I don't really have a view on what is happening. Too many unknowns.

    Based on publicly available information, there does not appear to be any reason for this crash.

    As I have already written, Lisa's exit was disappointing but no reason to get concerned.

    Stefanac's acceptance of the other company's directorship does not raise any alarms

    Stefanac's tweet is mildly troubling.

    Several projects are in train but no unusual delays - except need for update of Nasdaq chippie collaboration (overdue imo)

    Dr Sheng is still collaborating and still on the Board.

    However, perhaps one or big investors have had a glimpse of something troubling (either legally or not so legally) OR perhaps it is just an enormous shake by a group with deep pockets on a stock that was 'ripe' for it.

    Just have to wait and watch and see which it is.
 
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