Hi all, great to see some back and forward about pros and cons with OCA. Im glad that it's not all one sided, we need to see balanced discussions. Beagle, Maverick love your work I hope that I can be as knowledgeable as both of you one day. I really do value this forum and everyone that contributes.
With recent goings on I think that OCA got a pretty decent deal with the acquisitions and I'd rather they used equity to fund these first acquisitions than increase their debt levels so that they can use debt in the future.
The recent SP decrease is interesting and think it has been over done as the SP usually is with perceived risk, but thats to be expected with pretty bad timing of things occurring, New tax laws, CEO leaving, Equity Raise, White papers, Bond Yields increasing and a lot of talk about residential property prices reducing... all have worked against OCA's SP so really it shouldn't be a surprise to anyone that the SP has reduced. How low will it go i'm not to sure, I do note that Baa_Baa has shown a chart with support around the 200MA and 61.8% Fib i'm not entirely convinced it will shoot up from here in the short term as it isn't showing a couple of other TA signals I like to use. But I am confident about the future growth of the company in the long term and will be trying to get as many shares that I can through the retail offering.
For those interested, although not OCA directly I think this article covers a lot of things that have been spoken about on this thread and is pretty appropriate to OCA
https://seekingalpha.com/article/439...ation#comments Happy Easter all
Just noticed this on OCA's Facebook page. I like the direction... is Brent making his mark already?
https://fb.watch/4GIH5-Igh7/ Seems website has been updated as well.
'Believe in Better'