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$6.13 orocobre limited

Is Orocobre a target for a takeover??, page-7

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Quiono

693 Posts.

132

13/02/19

21:15

Post #: 37429222
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Originally posted by Master Spock: ↑

What is going on with ORE you ask? Maybe it is just a very ordinary company that isn't producing lithium of sufficiently quality or quantity to impress the market and attract a decent share price. Analysts may value them between 3.65 - $4, but let us not forget that a year ago their share price was $6.69, more than double what it is now. I have owned this company for 5 years and curse myself daily for believing the long term story spun by various posters rather than opting for a shorter term profit. Couldn't possibly go any lower, you think? With ORE I would not discount any possibility. Personally I would not risk another dollar of my money on ORE. Fortunately I have an average buy price of $1.50 so can afford to hang in in the hope that a miracle may occur and ORE will suddenly produce high quality lithium at nameplate capacity. Toyota must truly regret the day they bought a controlling share in this company for around $7 a share.

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live long and get skinter Master Spock.

ORE Price at posting: $3.05 Sentiment: Buy Disclosure: Held
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