OOK 0.00% 0.0¢ ookami limited

rebound day is today, page-21

  1. 1,383 Posts.
    lightbulb Created with Sketch. 53
    That's a valid point, we were trading above this before the acquisition of brontech so in reality we would be around 7-8 cents however a churn of events and the day traders getting hold of this stock has scared some people off.

    I can't see how you can value us around 15m when there are companies with much higher mc on just air.

    I think we will see a slight rise in the price to 7-8 range and then churn. But if we can get another acquisition or some contracts coming in from Brontech then we might hover over they 10 cent mark.

    Personally I'd rather see a gradual increase instead of huge gyrations but you can't control the market.

    With a lot of news flow to come this year and blockchain really starting to catch on if all the cards fall right I can see 20 cents by late this year. Which after all is still a very small mc.

    One problem might be if we are to acquire a new business how do we fund it with only 1 million in the bank? Or we going to dilute or can we keep low SOI and still expand?

    I will call Faldi in the coming weeks to see what's next moving forward and relay the information once I get it. I'm still a firm believer in this company.
 
watchlist Created with Sketch. Add OOK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.