OPL 0.00% 1.9¢ opyl limited

Ann: Update to proposed Capital consolidation Timetable, page-2

  1. 1,573 Posts.
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    Ideally a law should be brought into existence under such circumstances that the company should be issuing all long term holders (i.e. longer then 2 years) post consolidation a parcel of free unlisted options equal to the value of their holdings with an exercise date of 2022 and exercise price of 6.5c. If only sigh .......

    Would expect not long after post consolidation a pro-rata rights issue offered to appear like they are trying to appease the retail holders and offer something back!

    I am looking post consolidation for a sp target at some future point of around $3 now rather than 10c.

    Big ask.....and if it depends on averaging down in the future to cover further sp declines....the only ones that win will be those being paid and kept in a job at sro.

    On the other hand if they can achieve their goals and reach a justifiable $250M market cap this would not be too shabby and worth the investment.

    I remain positive on SRO!
 
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