OOK 0.00% 0.0¢ ookami limited

OOK - Chart, page-175

  1. 424 Posts.
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    It's the funny thing about species isn't it... because they have no revenue they are valued almost solely on sentiment. Imagine where we would be if OOK released some of the news it had recently in early January. On an extremely conservative fundamental value basis - I think you would say Brontech is worth $1mil (being what OOK paid for the investment), Akela perhaps $2-3 mil (being what it was valued at prior to the pump), the listed shell at $2-3mil, and the investment in NCX at about $500k. Plus the cash on hand and you are essentially at the current market cap. The reality is though when sentiment turns the market will value these assets at a much higher basis as it will bake in forward potential. It is telling at the moment, that there is essentially no forward potential factored into the current price - imo this is where you want to buy speccies ladies and gents. As I've mentioned I think it will take a couple of months but once the broader market turns and people want more exposure to risk then money will flow back into all speccies, the blockchain runners will also do better at that point as people begin to realise that cryptocurrency isn't going away, and that blockchain isn't inextricably linked to bitcoins fortunes. When this starts, you will start to see a slow and measured rise imo followed by a catalyst for another pump such as a major deal, or revenue projections. Don't forget that there was a CR recently @ 4.5c so the sp should naturally gravitate towards that once it is ready to reverse. I might add that a big reason why I think OOK will recover from this, when many others don't is the simple fact that it's cash burn is so low and there should not be a great need for additional capital to fund operational expenses like many small caps - OOK should hopefully not be forced to raise down here which would provide headwinds to the next pump. They keep kicking goals with minimum dilution, so I am more than happy to wait to see what the next 3 months bring, regardless of where the sp goes.
 
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Currently unlisted public company.

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