OOK 0.00% 0.0¢ ookami limited

Acuity Capital, page-4

  1. 424 Posts.
    lightbulb Created with Sketch. 91
    The vehicle strikes me as one that would be best utilised during a large volume run. Especially since the market does not need to be informed while the selling is occurring. The other aspect I find interesting is that the stock is sold on- market meaning that if the price recedes after the placement stock is sold, there will be no burnt instos (which would occur if a standard CR occured at inflated levels).

    The dots are really started to connect here that they are expecting a major run soon - the CPA, the performance shares at 6c and 8c to Emma, the T20 (in particular Peter Wall and Freeman Road still holding large positions).

    If a major acquisition occurred, using the CPA, OOK could effectively fund the settlement of the acquisition using capItal raIsed at the inflated share prIce from the resulting run after the initial announcement occurred! Beautfiul!
 
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.