Q, Is a C R priced in ( yet ? ) !!
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Q, Is a C R priced in ( yet ? ) !!
Great question.
If we look at the relative SP development of OCA (didn't had a CR - blue line) and RYM (had already a CR - yellow line), than both are highly correlated and have basically the same endpoint. Given that RYM had this CR already (i.e. clearly priced in) and OCA did not ... if everything else is equal, the markets clearly price in an OCA CR.
Attachment 14538
Meaning - if there is no CR (and I would not know, why they need one - not aware of them having USD debts with funny conditions, do they?), than OCA is clearly currently under priced.
Looks like the wide spread down ramping and fear mongering might have created a great buying opportunity :t_up: !
When stocks are low in their cycle, shares move from weak hands to strong hands. Strong hands are accumulating shares; weak hands are still liquidating losing positions.
lol if you overlay sum and arv and oca and rym they probably all project the same trajectory which has nothing to do with crap raising its just a reflection of sector trend
if oca do a cap raise at 40c say price will fall to reflect that plain and simple , anyway it looks like people want to own arv instead of oca if you look at the rise and fall of arv / oca last week
Had a chat with a property conveyancing lawyer (based in double grammar zone Auckland) this morning who does a lot of work for retirees selling their homes to move into retirement villages.
I asked her about her thoughts about why the RVs stocks are struggling so badly.
She said that work has dried up in the conveyancing space in the last 6 months as retirees are unable to get the (high) home prices they need to buy/move into the RVs.
RV unit prices are going to have to come down to meet market unless property prices go up (highly unlikely).
How many revisited revaluations coming up soon ? :)
shakey dividend territory might be coming up soon to the eager awaiting up and down the land :)
As old Granny used to say .. "What goes up can come crashing down"
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"Stop posting your rubbish on this thread. Try adding some value for a change." Baa Baa
Interesting statement. While you might love the brown smelly stuff - this is usually not what companies are rising :p ! Freudian mistake?
Anyway - you can see as well in the chart that RYM SP went further down during its actual cap raise and bounced back, so - sure, you are right, OCA would short time go down further as well and bounce back.
Try to understand the chart, even if the timeframe might be beyond your short traders attention span ... and maybe try to talk in future less of the stuff you claim companies are rising.
You must love Freud - great psychologist!
Well, isn't it what you guys are trying to tell us about OCA as well? Which means the comparison is highly relevant ... for anybody who believes (for whatever reason) that OCA might need more money now.
For everybody else is OCA clearly a low price - high value game.