OAK oakridge international limited

Too many shares on issue. Suspect if consolidation happens (5...

  1. 9,277 Posts.
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    Too many shares on issue. Suspect if consolidation happens (5 for 1 shares)) then more likely. My bet is we will have a strategic partner come on board sometime (maybe one of the MOU partners) and seek a position on the board. Anyway, given the share registry even if someone was able to acquire a 20% stake I suspect they would be able to exert some influence over the company (i.e. in effect a defacto takeover). I still think IMO that Martin D is laying groundwork for Intel to come on board and over time XPE will be working directly for Intel (or one of the MOUs) because the tech here gives a competitive edge and competitive edge is going to be the main factor for a company consolidating and taking control of the IoT space going forward. That is while XPE has an ambition to work with all, I think what you will find is over time XPE will be working for few (but making a motza and a SP to boot) because that is how business operates longer term when seeking to consolidate an advantage in any space.
 
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(20min delay)
Last
8.0¢
Change
0.000(0.00%)
Mkt cap ! $2.159M
Open High Low Value Volume
8.0¢ 8.0¢ 8.0¢ $524 6.549K

Buyers (Bids)

No. Vol. Price($)
1 90740 6.4¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 2861 1
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Last trade - 15.43pm 04/07/2025 (20 minute delay) ?
OAK (ASX) Chart
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