Londoner I didn't say that ORD WILL go below 2c only that IF it...

Londoner I didn't say that ORD WILL go below 2c only that IF it were to it would be worth re-entering.

I say this because of the now large overhang created by the placement. This creates pressure on the stock, as stale bulls will sell into any strength. But picking 'em up at 2 for a possible sell at 3 - 4 along with the stale holders would be good money.

Last time after ORD had a cap raise at 4.5c the stock drifted down to 2.6c due to lack of activity in the same way it has just recently drifted from the high 6's down to where it is now for the same reason - Lack of Activity.

Holding ORD is akin to the Chinese Water Torture and unless the company takes the initiative now and goes to action stations you will see more lengthy drip drip dripping of the shareprice. Patience is a virtue but there are limits.

I wish everyone well with their investments and hopefully I am wrong. However for now IMO there are better opportunities to be found elsewhere.