OKN 0.00% $1.90 oakton limited

margin flush...money to be made..., page-13

  1. 3,648 Posts.
    If a div is not paid and the funds are used instead to pay down some debt, the effective result will be the same, the value of OKN will rise. A drop from $1.30 to $1.00 is the result of a div falling from an expected ~30c to just 14c.

    OKN has been severely punished but as usual its being oversold in the market (dropped from ~$1.00 to a low of 70c).

    IMO a 50% retrace is inevitable over the next few days...
 
watchlist Created with Sketch. Add OKN (ASX) to my watchlist

Currently unlisted public company.

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