"Well, if regulation and governance in Australia were good. OMN...

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madamswer

16,873 Posts.

8356

11/07/18

22:00

Post #: 34286865
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Originally posted by JCoure ↑

Well, if regulation and governance in Australia were good. OMN would be worth more IMHO.

I mean even an old technology like u know one of yours, CTX, was on a trajectory to $50 or $60, double its current worth. IT tried to start StarMarts and similar concepts to OMN and now it is languishing at a mere $31 AUD.

Both OMN and CTX are both sustainable IMHO as they work off the old and think about the new ways humans interreact and sell/ market retail products such as gasoline to each other.

Not the bricks and mortars face-to-face selling of old.

Had an attendant fill up your car with gas recently? No, did not think so. They were taken away in the 70s and 80s even in Sydney/ Melbourne.

OMN concept realizes that will happen with more than just gasoline, try groceries, malls, everything. The days of the shop assistant to turn to for assistant in buying basic products at a mall or market are sadly over IMHO.

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"Well, if regulation and governance in Australia were good. OMN would be worth more IMHO."

If you really believe that lack of governance in Australia is resulting in more sellers of OMN than buyers, then all power to you.

As for Caltex not being $60 per share, I suspect most strongly that has got infinitely more to do with good old fashioned valuation than it has to do with CTX failing to be like OMN.

OMN Price at posting: 97.5¢ Sentiment: Hold Disclosure: Held
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