OAK 3.64% 5.7¢ oakridge international limited

I was wrong re the options ( and knew better) - message to self,...

  1. 32 Posts.
    I was wrong re the options ( and knew better) - message to self, don't blog late at night lol. Thanks for your clarification. Call Options 'give you the right, but not the obligation' to buy a share at the $4 strike price. To make it worth exercising the share price needs to increase from say $2.3 to $4 over 6 months (a 73% increase).

    Unfortunately, the company in its current and former iterations since PAX in 2007, has never gone up in value over time. It's speciality appears to have been switching to trending topics (geothermal, aged care, Internet of Everything) and using these to raise capital from penny stock investors, so as the fund the juicy salaries of management - maybe we should forget the company, and just get the bank details of the managers and pay them directly, that could save us a few dollars in administration fees.
    Last edited by passiveprofit: 19/06/17
 
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