Announcement results day coming up
Share price creeping up in anticipation of strong result
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Announcement results day coming up
Share price creeping up in anticipation of strong result
You got it SR, maybe it would be more appropriate to have their handle as Gasli[ighter]
I'm not the one has been reinventing economics to spruik a stock that is down about 65% from its peak and from what I understand a takeover offer level that apparently wasn't good enough for some as in the long term it undervalued the stock. 😅.
$1.60 then or 58c now?
Personally I would choose both with the benefit of hindsight.
Sell at $1.60 & maybe buy now or nearby.
But to have the benefit of hindsight to say $1.60 wasn't good enough & that undervalued the company. Really?
Rather than admit, actually they just got it wrong.
If it was undervalued then crikey it really is now, but who has been proven right. Not the bulls at a $1.50 - $1.60 that's for sure.
As I have said on multiple occasions, I am not negative on the stock around these levels. I just don't buy into all the hype.
Just checked my OCA trades, it looks like I sold some to build a deck (but not all unfortunately) in November 2020 for 1.35.
Buy and hold for eternity might be the answer from here on out, but it might not too (Ala Ryman)
You're right Day Trader, they shouldn't have entertained the offer.
Like I said valuenz and I could make 100 million off the float alone without any effort at all, remember the floats growing bigly and you'd cap that at 25 x minimum, so 2.5 billion just there alone, I'd pay more for it. So just the float is worth $3.50 a share.
Yip it's great, it could probably do with a coat of oil before next summer.
With the inflation in raw material cost, and the shift in oca share price I'd say the deck would maybe cost me close to 3x as many shares now as it did then.