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7.1¢ oakridge international limited

The thing is, they know better than us how close they are to...

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ohreally

8,072 Posts.

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13/10/16

18:22

Post #: 19842101
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Originally posted by Brez_85 ↑

No worries, I mostly agree with what you are saying. I think we all are waiting to get some kind of confirmation of the demand from Telink Tier 1 customers for chips containing ADRC and we believe it will happen. I disagree with the decision to takeover JCT as there is no real promise of any future revenue or growth in revenue from a small deal with the SA gov.

The question is whether it is right to try to takeover a company in our current situation. Makes no sense. If it is vx then it is because they (vx) cannot afford to develop the tech through to sales phase. No reason why we cant acquire them in the future once we have confirmation of revenue. Put the acquisition on hold I say.

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The thing is, they know better than us how close they are to signed contracts involving revenue(not just through Telink either obviously), so if they a confident on multiple fronts as to what lies ahead then why not continue lining up all the ducks you can in the mean time...just gotta sit back and let it play out as far as I'm concerned.

Last edited by ohreally: 13/10/16

XPE Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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Last 7.1¢		Change 0.000(0.00%)		Mkt cap ! $1.916M

Open	High	Low	Value	Volume
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No.	Vol.	Price($)
1	29910	7.0¢

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Price($)	Vol.	No.
8.5¢	182500	1

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No.	Vol.	Price($)
1	29910	0.070
1	100000	0.069
3	15100	0.063
2	180000	0.060
1	86000	0.058

Price($)	Vol.	No.
0.085	182500	1
0.089	200	1
0.090	150	1
0.095	1524	1
0.096	52424	1

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