No it hasn't been given this red raw hiding because of the after market webcast. As I said before OGC always release there results over a webcast after the close of day ASX trading. This is over the last 2 or so years I have been following them. They also always put out an announcement like they did the other week, 10 days or so before there quarterly results telling the market when the qtrly will be released. Why they do things this way I don't know but so be it.
As for why they got the shelacking today. Who knows. it has traded poorly on the TSX last two nights. Closed last night at 2.71 CAD. Given the Canadian dollar is trading at 1.04 USD and the aussie at 1.08 USD, todays trading just brings it into line with the TSX from last night.
I bought some more today on the weakness. Expecting a fairly positive quarterly. I'm not gonna go into details but I still think this is undervalued at present.
Good luck to holders, (means good luck to me also). :)
- Forums
- ASX - By Stock
- OGC
- hope the results give us an easter egg
hope the results give us an easter egg, page-6
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OGC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online