I don't think you can blame the partners. Look straight at management and possibly some of the workforce. Something rotten there. They also screwed up with Pentax let's not forget.
I think they still have good technology but are hopelessly inadequate in commercialization and general management. If they drop to .001 and get good management that would be better than more of the same.
The best thing that could happen is that Zeiss or MR take over OIL for a pittance and it keeps trading. If they bought for 0.005 it would probably re-open much higher. OIL have a terrible image and the only way to fix that is get rid of all the dead wood. All of it...!!!!
I don't think you can blame the partners. Look straight at...
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $129.4M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 14.0¢ | $71.49K | 479.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 6886 | 1 |
View Market Depth
| Last trade - 12.32pm 04/12/2024 (20 minute delay) ? |
| OIL (ASX) Chart |
