Here comes a flood of 4-6 ann over the next month to try bump up sp as reprice before another CR.
We saw it in jan Feb this year. Following the same pattern now. Expect several more positive ann (like the hm3 twin shift 28th Feb that wasnt reflecting reality of status of mine)
They have to do a substantial CR in 2018, expect another 10-25 percent dilution on a large number of shares and then the following 40-60 percent share price drop at whatever share price for the cr. Ie if share price increases to 7.5 c for cr with positive spin spin spin ann then a drop 50 percent share price imho will be 3 c 2-3 months after cr
OGX Price at posting:
4.9¢ Sentiment: Sell Disclosure: Not Held
