FL1 3.45% 15.0¢ first lithium limited

OOK - Charts. Bear trap complete, rally commencing, page-17

  1. 1,672 Posts.
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    Hi Secold
    you might be missing the point a little bit.
    OOK is an Otsana technology shell. Akela is just one component of the company and may in fact have been a compliance aquisition to prevent de-listing according to ASX rules. The fact that it is monetising is just a bonus but no-one is investing in OOK on the basis of Akela.
    OOK and CR8 were both Otsana tech shells - born at the same time and pretty much twins in terms of structure and finance. CR8 got its tech vend first, it has been a stunner and has broken out already.
    OOK should follow suit. Hence the market interest. That is the investment thesis here.
    Cheers
    J
    PS CR8 was at 3.8c before aquisition, currently at 10c and climbing...
    Last edited by Jezzy: 12/12/16
 
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