The shorters certainly have it ALL their way..Got to agree with you there..and there are so many companies with margined Directors,Debt,complicated arrangements{usually for tax purposes} and Billions of dollars worth of shares held by hedge funds.
Globally the markets are realing and with a concentrated effort many companies could be sent down the shorters tube.
Picked off one at a time and at will..
Its a bit like a war with the roulette players with ever growing funds..making more and more profits that send the market down..self- fulling a global depression...
The squeeze is on ...everyone trying to get out of debt..thinking that will save them..but the more funds shorting and betting on a drop the more companies will experience MFS selloffs etc...
COMPANIES MUST invent a mechanism that short circiuts this destruction of value..China or Japan only allow a 10% fall of SP I believe. BUT thats NOT ENOUGH to stop this ..
OCV must use its negative attributes and turn them into positives.
1. Loss of Credibility..Start from the essence of business and highlight a culture of Ethics driven productivity.
Gain credibility by proposing new smart business plans.
2. Margin Calls ..I dont have answers but someone might..could they be negotiated if OCV changes/adds to what we see now. Ceditors want to make money not wind down lots of destroyed companies and make losses.
3. Fear and losses can amalgamate the shareholders to cooperate ..I think there is a big proprtion of this Company held by a savey small group that understand its business...A unique situation and a very valuable one to use. They are a courageous lot.imo.Just have to get the other SH to join them.
4.The Unknown Factor ..new directions..Innovative problem solving is possible, I believe.
This is a unique company in many ways and could lead the way for others around it.
It will definitely need to be gutsey and has the medias eye.
If any company can attempt to change the practice of short selling destroying the market it just might be this one.
My ideas rely on the factor of TIME..Do shorters borrowing shares have to complete the buy on market at a certain time after loaning them??I read it was a matter of days..
Id love to be able to sell you shares at $5 when we relist, because the shorter must complete the transaction within a certain timeframe..
Can any one give me more info..??
OCV has attributes..
1. It is Listed.
2. It is in a growing industry with new developments and/or directions to go.
3. It is well connected with good people.
4. It is in AUSTRALIA,
5. It has gained wisdom only available to those who have lost and want to win..
This type of transformation and gathering of forces takes enormous motivation, goodwill and intelligence.
GO AWAY roulette players, I want to be own shares in a company that is productive, provides employment and wealth for Australia..... and lasts.
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