largely undervalued

from what i gather ODN was floated in November last year @ 20cps ??

so in 7 months..
share price has gone down by 50%
the company's shareholding in VPE has gone up by 100% (give or take)

spinel prospect still remains in play - and thats the purpose for which it was floated at the time, if shareholders saw value to subscribe in the ODN issue fundamentally nothing has changed in that regard either? or am i missing something?

now we can buy in at 10c and get significantly more value than those who bought on IPO at 20c?

feels cheap as chips to me.. i think this is a medium term hold.. if VPE heads hit to 40c on any news then i can see ODN trading at about 15-19cps quite easily. nice leverage but without the volatility of holding VPE heads, limited downside IMO.

where do others see the shareprice going?