OAK 0.00% 7.0¢ oakridge international limited

XPE Lounge, page-3430

  1. 28,227 Posts.
    lightbulb Created with Sketch. 248
    I know that I am new to this forum,

    However,
    I have been following XPE since the RYG RTO, which was at 3c.
    There was a slow crawl to 4c and then,
    the early MOU's were announced, and off to 10c it was.
    More MOU's announced and the SP just kept dropping.

    I calculated net tangible assets throughout its journey,
    "Net Tangible Assets" - not IP or some sort of other good will stuff that everyone likes to dream up.
    and it did not add up.
    The numbers just didn't add up.
    I saw a few other posters getting rubbished and shamed for their opinion on the same topic.

    The net capital worth of this company has been diluted and milked for a long time.

    There is only one thing that will save XPE

    "signed binding agreements" with revenue

    GLTA
 
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