OAK 1.45% 7.0¢ oakridge international limited

participating in the SPP ?, page-163

  1. 1,797 Posts.
    lightbulb Created with Sketch. 424
    Well said Panorama... re: the SPP:

    1. Buying at 10% below market value
    2. Hoping the price goes up 66% from current value
    3. On a stock that's been in a downtrend continuously for 8 months
    4. Has come down 72% from its highs
    5. Not gotten above 4c in 2 months
    6. Not risen above 5c for 6 months...
    7. Has not had 3 green candles (up days) in 6 months


    Hmmm... I think no-brainer... but for the many at a loss already well above 3c a share... I guess you gotta make your own decision... Hope everyone does well going forward but... always DYOR --- GLTA

 
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