I am sorry.
The latest funding package says it all.
Stay away from OPY.
16% discount is the worst deal across the sector and why? To reward directors. These shares are granted to directors. They don't even pay for them. That's why this is at a 16% discount.
This type of funding should be illegal and shareholders should have the power to prevent it. Based on SP performance over the last 6 months Directors deserve $0.
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- Ann: Successful $67.5m funding package to accelerate OPY growth
Ann: Successful $67.5m funding package to accelerate OPY growth, page-31
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