OIP 0.00% 4.3¢ orion petroleum limited

I havent read the article yet, but my understanding was that the...

  1. 1,888 Posts.

    I havent read the article yet, but my understanding was that the capital raising required to list on the ASX is already complete. They raised a token $300K at 30c a share, oversubscribed. So there is no opportunity to buy in before the listing (unless you try and buy on the NSX at which they are selling between the 40-50c mark). I dont hold them but would be interested to see how they go. Earning a profit with good leases?
 
watchlist Created with Sketch. Add OIP (ASX) to my watchlist

Currently unlisted public company.

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