ORS 0.00% 1.3¢ octagonal resources limited

$3M Cap, holds $6M in AYC shares, page-27

  1. 3,031 Posts.
    lightbulb Created with Sketch. 14
    Yes, should be good for traders in the short term. But we ought not to forget the bank loan obtained though Gandel Metals, payable before the end of this year; nor the securities provided for that loan (a mortgage over ORS's shares in A1 and Maldon Resources). As 25% of the consideration is not subject to escrow can we expect a reduction in our AYC shares .. before year's end ?? Or a takeover by Squadron or Gandel Metals ? ... Just thinking out loud.
 
watchlist Created with Sketch. Add ORS (ASX) to my watchlist

Currently unlisted public company.

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