Been keeping an eye on this company... Don't own any shares in...

  1. 818 Posts.
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    Been keeping an eye on this company...

    Don't own any shares in ORH yet nor am I in a hurry to at this stage (I don't buy "turn around stories", until they actually turn), but I'm keeping an open mind should it start stringing together a couple of positive quarterlies.

    I'm hoping the next 6 - 12 months might yield some green shoots for this business that would give me enough courage to take a punt.

    That said, in the mean time I'm interested to know if/when management are planning a reserve stock split?

    I'm not sure any new potential investors would be interested in owning a stock that has no bids and a few million shares for sale at $0.001.

    I think the management needs to make sure the share price is at least high enough to allow for the market to provide an order book of "bids" and I certainly wouldn't invest in a company whose SP was already at $0.001 (and therefore at risk of a reserve stock split)...
    Last edited by cncventure: 26/06/15
 
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