ORE 5.11% $6.13 orocobre limited

Ann: Orocobre Limited - Cauchari Resource Update, page-22

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  1. 16,523 Posts.
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    The other ongoing saga is the shorting debacle. I see that ORE has dropped down the Top 10 list (it was number one not so long ago) and GXY has shot to number one! Hopefully the shorters' focus will move on now, sorry to our fellow GXY holders though (disclosure I'm an ex-holder, sold out in 2010, and with all their consolidations since then, despite their big run-up in recent years, I think I would still be ahead... it was only small bikkies though. I'm not sure the chart accurately reflects all of their share consolidations, does anyone know how that works?) Yes, sorry to bang on about ORE vs GXY, but despite the angst about the constant issues with ORE not reaching nameplate and the shorting etc etc, it is worth remembering that they have never had to consolidate their shares. The current market caps are very similar between both companies, $858m ORE vs $815m GXY.

    https://hotcopper.com.au/data/attachments/1470/1470190-7792117fd97928abbd18cc758f5c1c2c.jpg

    Chart comparison over 10 years...

    https://hotcopper.com.au/data/attachments/1470/1470192-de6e3e6d6cd13e482adc8f2b3c8b5ff8.jpg

 
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Currently unlisted public company.

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