I feel like it is amateur hour when I read OEC posts.
I have been to several AGMs and know what management think by asking questions of their strategy. They identify with one view of the their tech - it is for the military, for national defence. So mgnt drive the point that they need to be a trusted confidant of this that takes time and adherence to defence secrecy.
This is all well and good but on their small scale is slavery of the business type. The success of the Insitu contract drove the price to $1.60. With the lost of the Afghan war, progress has been slowed - they need a loan to continue development, production has been returned to Perth and it does look like mgnt are valuing the military over shareholders. Would a different set of mgnt see the opposite?
It appears to me 'bargeass' has more of a handle on current thoughts where the share price sits. Diversifying the customer base is an idea spoken about before by posts from 'unitrader', but no-one since takes the meaning of diversity to mean a basic shelf product (really does not need huge development dollars).
Finally let me suggest that real money has taken the share price (not even subject to the recent market lows of inflation fears) to OEC's success or failure as the business proposition now stands.
- Forums
- ASX - By Stock
- Ann: Suspension from Official Quotation
I feel like it is amateur hour when I read OEC posts.I have been...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OEC (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.3¢ |
Change
0.002(2.47%) |
Mkt cap ! $12.12M |
Open | High | Low | Value | Volume |
8.3¢ | 8.3¢ | 8.3¢ | $2.588K | 31.18K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 38978 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 0.080 |
2 | 20320 | 0.078 |
1 | 10000 | 0.077 |
2 | 38700 | 0.076 |
5 | 97132 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 38978 | 1 |
0.084 | 6423 | 1 |
0.085 | 50000 | 1 |
0.086 | 30252 | 2 |
0.090 | 12919 | 2 |
Last trade - 12.09pm 28/08/2024 (20 minute delay) ? |
Featured News
OEC (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online