ORN 6.25% 1.7¢ orion minerals ltd

Same old story repeating itself here....The company announces a...

  1. 2,814 Posts.
    lightbulb Created with Sketch. 58
    Same old story repeating itself here....
    The company announces a share purchase scheme at $0.045 and we now see our share price at $0.043???
    OK no brokerage but also no interest in the stock due to not knowing when and if the next round of drilling will take place.
    I certainly will not be taking my allocation up at these levels as i have been caught too many times in the past with this old caper?
    Fully underwritten so the company is ok but bad news for the underwriters?
    Unless further drilling dates are announced the share price is only going to fall further from here IMO.
 
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