ORS 0.00% 1.3¢ octagonal resources limited

Ann: Registration Of Scheme Booklet With ASIC, page-18

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  1. 1,149 Posts.
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    Fair point re your sell and good job re RMS. Each to their own obviously and I am risking opportunity cost with an average in this of 1.2c and holding out for hopefully a greater profit here.

    Time will tell and fair points re the operating costs. But again, I think that at this time risk v reward is hedging towards reward possibilities for ORS holders. Especially with the cash component being in hand and shares available in only just over a months time. Things for AYC would have to be fairly disastrous to do much worse than the current ORS price and it could go quite well if things go to plan in the short to medium term.

    That said, I don't necessarily plan on being around for a long time in AYC, but will play it by ear and get out over time (or possibly in one big sell if there is a spike up between late February and say March/April). This assumes of course that there isn't a big and tempting move up in ORS after the transaction is voted on!
 
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