stezz,
I won't be buying OEL ahead of the rights issue success or failure becoming apparent (due to massive risk IMO).
I would consider buying OEL at up to around 8-9c if the rights issue is well subscribed (by that I mean at least the underwritten portion is subscribed - i.e. Euroz take no stock as underwriters).
If (in addition to the above) some substantial changes at board and senior management levels were made I would consider a substantial investment.
That is my theory on investment in OEL...
My prediction... is that the rights issue will flop and knowing the state of the company that means the end for OEL.
I will stick to the 3 month prediction.
p1000
- Forums
- ASX - By Stock
- OEL
- lets get this right
lets get this right, page-58
-
- There are more pages in this discussion • 46 more messages 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 OEL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.74M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 615750 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 615750 | 0.012 |
12 | 12544970 | 0.011 |
8 | 5620909 | 0.010 |
1 | 500000 | 0.009 |
1 | 125124 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 100000 | 1 |
0.012 | 1188401 | 4 |
0.013 | 10925129 | 11 |
0.014 | 6556618 | 7 |
0.015 | 4139109 | 7 |
Last trade - 16.12pm 28/10/2024 (20 minute delay) ? |
Featured News
OEL (ASX) Chart |
Day chart unavailable