Chalk (RDM) and cheese (OD6)
Nearly $1 million spent on RDM today $600 spent on od6.
Go figure.
In my view it’s not the resource, it’s the management legacy (KLL) killing OD6. Nobody Directors, nobody major shareholders sitting on freeby shares and no solid reputable cornerstone investor. Nobody making money at these levels other than the 10 million tradable free carried who have probably dumped the majority long ago.
BH has had some association with Stokes in the past. Stokes not even interested.
The money is in the market for RE stocks but not for OD6.
No written plan for 2024. No drill plan in the drill season. When do they want to test the other mineral indication arising from the aerial magnetic survey. Budget to date appears to be covering director fees and management bloated salaries. BH over $500k pa but could only afford $12k share purchase.
Where to from here BH? You must have a plan of some kind. Please tell us through the ASX not coffee club.
Chalk (RDM) and cheese (OD6)Nearly $1 million spent on RDM today...
Add OD6 (ASX) to my watchlist
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Last
6.8¢ |
Change
-0.002(2.86%) |
Mkt cap ! $5.457M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 7.0¢ | 6.8¢ | $12.22K | 178.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1184 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.3¢ | 16715 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
7.2¢ |
Change
-0.002 ( 2.86 %) |
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| Open | High | Low | Volume | ||
| 7.0¢ | 7.2¢ | 6.9¢ | 81985 | ||
| Last updated 13.12pm 03/05/2024 ? | |||||
| OD6 (ASX) Chart |