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Originally Posted by JeremyALD
He's putting a lot of his own money on the line - 15 million!!
Still this company is clearly in quite a bit of trouble. It's a bit of a coin toss as to where it will go.
Glad to see this from the sideline.
Has OHE stopped handing out new iphones and apple macbooks to its employees?
My thoughts are, why uptake on the share rights issue when it can swing either way... and geeezzz how will this latest capital raising last for? A year and a half before they run out of funds if they don't significant cut costs and/or improve revenue? Who wants to work for a company that is cost cutting? What's going to happen with the employees' morale?
I'd rather wait until OHE turns a profit and signs of scalability before investings then getting in now... I doubt it will be too late then.
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