Great post from newregime.......................... so what ?
In my opinion further dilution going forward will override any positive announcement unless Doyle performs a miracle.
Some will make money out of this. Management have thru salaries and will continue to do so.
The only way long term shareholders can start to grind back their significant losses is.... firstly, no more dilution issued to shareholders. The only way to achieve this is for a benevolent benefactor to throw cash at OBL for a sustained period of time. You can do a newregime and be a dreamer believing this is imminent. Secondly is for Neil Doyle to perform miracles and the subsequent outstanding company making announcements to make good reading on the second page of the national newspapers.
If you think anything less is required for OBL's stock price to make a significant sustained upturn you should sit next to newregime and compare each others dreams.
Dilution to shareholders when not accompanied by increases in company profits is and always has been a killer.
Deep down we all know this...........even newregime.
This is why I pray for a miracle !
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.312M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.1¢ | $14.53K | 681.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 968848 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 683870 | 0.003 |
19 | 25757561 | 0.002 |
15 | 18215015 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 11012939 | 22 |
0.005 | 5224950 | 6 |
0.006 | 9926666 | 4 |
0.007 | 7845449 | 7 |
0.008 | 3646766 | 2 |
Last trade - 10.35am 07/11/2024 (20 minute delay) ? |
EMP (ASX) Chart |