ODN 0.00% 0.0¢ odin energy limited

Hypothetical or not, 2c has nothing to do with the price...

  1. 8,772 Posts.
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    Hypothetical or not, 2c has nothing to do with the price consideration for a raising as it already has been stated that they are looking at 10c for this after the share consolidation is done as per the compliance timetable.

    Why harp on these questions you have placed here a hundred times already that nobody can answer until the facts come out with the deal signing.??????? Maybe concern to you to voice it the way you do but still its igniting fear across the forum and for what reason.????? The way you address this and post it is cutting your own throat in my opinion.

    Nothing has been tabled that the deal is dead, its only impatience and fear that has driven the SP down. No signing, one automatically thinks the worst, human nature in a way but its either you trust the company or not in the anns. Well if you don't then why hold and if the SP drops then WHO do you blame.?????

    If you are so concerned over the contents of the unknown unsigned deal, then why hold until it comes out and its either a bottler or shiiit deal. If you hold till then and a TH is instilled and its a shiiiit deal and it drops, WHO do you blame.???? Bet its not yourself for holding .

    As for the delay in the signing. The ann said that it was due to key people being on holidays AND THE MOVEMENT OF PEOPLE NEEDED TO SIGN THIS DEAL. Think about it. Sure people are entitled to holidays whether 1wk or 4wks, some have stressful jobs maybe. Does one take into account that they have 2 other offices open, the US and China. Where are thier projects currently on hand.???? Who have they just signed on with.???? Israel and Russia. What else do they have on their books and they don't have a huge staff as some may suspect they do to manage all these bits and pieces.

    You will find that key personnel here that are needed to sign this deal are out of office and doing their bit of multitasking in the field. Is this possible.???? They go where they are needed at a drop of the hat to sort things out for clients etc etc. Building a business like this, who do you put on the back burners and is more important, your existing and potential LARGE customers or a deal to expand into a public listed company, does it matter today or tomorrow or next week but clients will drop you for this for holding them up.

    All this is my opinion only looking at both sides why the deal is delayed. If it was DEAD you would know about this and it would look suss for a dump of shares then a TH possibly for the ann to say its not on the tables. Commercial aspects were sorted out during the Due Diligence done and must be agreed upon before this was anned and ODN were moving forward on the RTO acquisition where a lot of work has been done to get to where it has in the planning of scheduled itinerary of events for this to happen.

    If it dumps and then a non deal is anned, who do think needs to explain to the ASX or ASSICS and reputation if they have any are at stake for insider trading. Is it worth it. ???? I think these directors have too much at stake for these please explains and lose their credibility. Sure they are no saints but to ensure future funding they have to please the Sophs etc first, but shareholders are a poor last. If thee SP got to 3c before the issue of these rights then shareholders would be laughing too with a 1.8c profit/share received.l
 
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