I wonder what managements next plan to induce a positive re-rating of Pungkut will be?
Having got that out of my system, today's late slide on the news of the share purchase plan may well be a minor blip on our overall radar as the upcoming weeks unfold.
An excerpt from today's release relating to moving forward towards a JORC compliant resource - "Your Directors firmly believe that Pungkut has now achieved CRITICAL MASS and that the stock market is not reflecting that value in the present share price of Oropa" - the last part of that sentence would no doubt be fervently agreed upon by gazzat, rogues, Oly and many others.
The definition of CRITICAL MASS, as espoused by InvestorWords.com - "The size at which a business or market undergoes a fundamental change in regard to operations. An example of such change is a company's achievement of increasing returns to scale".
Directors - you haven't as yet ACHIEVED a critical mass. But for all our sakes, let's hope you do all within your power to ensure the above mentioned quote becomes accurate.
Regards to all
Reichman
- Forums
- ASX - By Stock
- well that worked quite nicely
I wonder what managements next plan to induce a positive...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ORP (ASX) to my watchlist