OOK General CHAT & price banter, page-483

To be fair though, OOK are not helping themselves here either...

They had an opportunity to capitalise on the recent sector interest, but other than a presentation on Brontech (prepared by others?) they have not provided the market with much in the way of communications detailing OOK's current and longer term strategy.

We are all being left to work it out for ourselves.

Also, the fact so many assume OOK is Brontech is a case in point...even if this may be the long-term goal?

Thinking left of field here...it may even be in OOK shareholders best interest for a reduced share price during comparative value assignment of any such deal (assuming this is on the cards)...in which case the higher the OOK share price in the period post the Brontech investment, the higher the "perceived" value of Brontech.

But, if they are looking at alternative investments other than Brontech, surely a higher share price is in shareholders best interests...so why no effort from the company to support the value proposition, and thereby the price rise?

Who knows...??

Point being, OOK has been one of the worst performers in the sector this last fortnight (and after the last 2 days for the last 6 months), yet should be one of the clear stand-outs in terms of potential sector presence and future value.

We know through Akela and Otsana Capital they have the required market comprehension, so one can only assume the lack of effort to support the recent interest in the stock has been by design?

The difference between OOK and the many others in the sector that have recently risen, is that many of the other stocks (in my view), have proactive management and investment (on-market) support...whereas I suspect OOK have adopted a passive stance.

There are arguments for and against each approach...but when a company needs to raise capital through the market (which OOK will down the track), the higher the share price the less dilution for shareholders.

Ensuring a stock maintains fair market value is as important as any other good corporate health and governance activity that needs to be performed by the executive.

Keeping the market regularly and fully informed of activity, strategy and direction helps achieve this.

Anyway, we have now seen a complete flush and reset in the last few days...exacerbated no doubt by perceived links to the performance of bitcoin.

This is what happens when the register (most of whom only arrived in the last 6 weeks) is uninformed.

One can only hope the rest of the year is punctuated by a more proactive management and executive, perhaps mindful of market dynamics and the implications of news voids when you have had a major shift in the demographics of your share register?

Cheers