I really don't understand why posters don't like negative posts. I have no issue with it and I must say, Lateral Thinker does interest me as I don't understand why you would post if you don't hold. I can understand if you had recently sold but after about a week I am out of there. LT seems to own shares in only 1 company.
Anyway, now let me disappoint all of you in saying that I am still concerned about this stock. It's not growing the transaction volumes but the step-up in overheads that had me spooked. I am also a little disconcerted about the rumours of staff turnover and then you have to look at the sale of the bulk of the Diversa assets and that hasn't been well handled. I accept that Sargon seems to have been unable to raise the money but surely that is part of a seller's due diligence on the buyer. The last thing I want is for this to default in November or is it 31 November that can never happen.
Really the biggest gripe I have is around communication - or maybe better put what communication. We have had the 20-mile talk but I am still to see the 20-mile walk.
OVH Price at posting:
46.0¢ Sentiment: None Disclosure: Held