ODN 0.00% 0.0¢ odin energy limited

I'm feeling a lot better this morning that the risk exposure has...

  1. 753 Posts.
    I'm feeling a lot better this morning that the risk exposure has greatly reduced. With Gridcomms clear acknowledgement of Odin the deal will proceed and I think the risk of losing everything (i.e SP dropping back to 0.1c) is gone now.
    However (I am the 'however' guy) don't discount that a really bad deal (i.e over 1 billion new shares) may see a bottom of 1c (which would be a 30% loss for many of us) or even a good deal might not see more than a 100% gain.
    Either way I'm much happier now - I can live with the reduced risk and will even top-up a bit more - and I'm still quietly optimistic we might see the 10-bags after all.
    Last edited by The-Schwartz: 14/03/16
 
watchlist Created with Sketch. Add ODN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.