OAK 1.45% 7.0¢ oakridge international limited

XPE General Topics, page-2487

  1. 692 Posts.
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    At this mcap we are well into being placed into the asx 300 at the next rerate (Lowest in asx300 1PG - 90m & SMX 11m http://www.marketindex.com.au/asx300). The recent announcements and forthcoming deals have justified such a huge jump in price but it comes a time when a stock goes from being a sure thing ticket to profits to when it becomes overpriced relative to the actual revenue figures being produced from the company. Sure we are now producing IOT chips and receiving revenue from JCT and other small deals but in reality we are not receiving much at this moment. Most of the growth in sp is due to XPE being de-risked majorly with the Telink deal and now being a real threat to be first entrant into this lucrative market. Many investors now consider at least one of the two MOU's a sure thing to be executed and want to get in before it the hype of these any day announcements. Traders can play on positive emotions just as easily as they can with negative emotions and driving a stock price down. I'm enjoying this ride as much as anyone here but there will be a time within the next few days when many poor investors will get stuck at the top before a correction and more waiting on news to form the next uptrend. We can all say the big announcement is imminent but we really dont know when it may be. IMO Xped will be the story of 2016 but nothing comes this easy..
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