Hi Fletch Its always hard to predict short term market...

Hi Fletch
Its always hard to predict short term market movements. Pretty much impossible I find. What was the basis of your homework before deciding to invest at the initial price? I'm hoping that you could justify paying the initial price rather than just paying what people are asking.
I bought some OML at 2.68 but only a small amount. I do have some concerns. But I've been following it and it's listed competition for some time.
If I do a second purchase on a share, I try to leave it a bit longer and aim for say another 10 to 20% off, depending on the quality of the company. For OML, I'd have waited for another 20% off. (But not fussed if it doesn't get there).

Hope that helps.