OGX 0.00% 0.3¢ orinoco gold limited

Ann: Fully Underwritten Renounceable Pro-Rata Entitlement Offer, page-12

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  1. 8,662 Posts.
    lightbulb Created with Sketch. 156
    All the shares from non retail investors form the .2c CR - should be in escrow for 12-24 months

    This imo will show who is serious about ogx etc and who is in for a quick possible short-term buck on any news

    IMO

    Having well over 2 billion shares at .2c cost price will make it next to impossible for a sustained price rise as even at .4c - 100% profit and so on

    IMO

    Huge losses suffered from previous CR high net worth sophisticated investors- at .2c many will lick their lips imo etc....



    Last edited by qqqqqqqqq: 27/03/19
 
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