OAU 25.0% 0.5¢ ora gold limited

Facts indeed. Those are hard to come by in a forum dominated by...

  1. 617 Posts.
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    Facts indeed. Those are hard to come by in a forum dominated by irrational speculation.

    Other companies are not relevant, they are different companies, under completely different circumstances, completely. It would be insane to assume there will be a SP rally after a share placement. No, drilling results and fantastic hits will cause a rally, nothing else.

    We will see, whether or not the SP holds above 5.0c, I do think you'll be disappointed though. It's nothing to do with "my efforts", I am simply flagging the possibility of an unfavourable drop in SP 'if' events such as the ones I just mentioned (drill hits) occur.

    Yes there is 1m buy orders at 5.0 and 5.1c, but that represents only 53% of the buy orders (in QTY), and less than 50% in actual orders themselves. The orders are all the way down to 4.0c because some buyers (in fact, more buyers 6:5) agree with me that the SP will go there (Facts).
    Last edited by rhodolite: 16/05/16
 
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