Was hoping the announcement of Matthew O'Kane as new MD might be turning point finally. Stock down 50% since he took over. He sounded upbeat when he joined earlier his month. Does anyone know anything about him and why Empire are now providing another death spiral when Magna is already there? Was that Empire selling the last few days or just long suffering punters like me throwing in the towel. Why is Magna also converting more stock to sell? Surely Magna would not agree to having competiton. Who in their right mind would agree to 2 death spirals at the same time. Also why is our new MD a CFO of a hedge fund in Hong Kong and Crater Gold in Indonesia? Does he have time to turn this sinking ship around in Brazil? Any help on Empire and new MD would be good. Empire published a report on OGX last year with a 25 cent target. Guess that is never going to happen. Sorry for all the questions.
OGX Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
