OAK 0.00% 6.9¢ oakridge international limited

Top 20 Holder - 23 June, page-13

  1. 9,104 Posts.
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    For the record my post was tongue and cheek as well. But this actually a genuine question - we have a CN holder and the idea of a future placement was also, in part, to get rid of the CN holder as obviously need cash to do that. So are we still confident the CN holder would be gone by end August/early September. If not might explain the continued drift down in price. It appears these bonus options is what XPE is hanging its hat on for future revenue as well, so if we ain't cash flow positive by December then the question is do current cash reserves provide the basis for getting rid of the CN holder or not without a placement by end August.
 
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