OGX 0.00% 0.3¢ orinoco gold limited

Target Market Cap to place OGX in asx200

  1. 806 Posts.
    lightbulb Created with Sketch. 606
    Another reason to hold strong folks!!! a nice thought is once OGX hits 38-40 cents we are likely to enter asx200 an then we open up Orinoco to a huge range of institutional investors who will likely re rate this investment immediately. Smaller companies will attract a smaller P/E ratio where as in the asx 200 we could easily see OGX go from 8x to 16 x without a rise in revenue. Food for thought and a while off yet but is certainly within my 55 cent target price
    GLTAH
    Happy Friday
 
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Currently unlisted public company.

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