Amazing what a bit of hype can do eh
Printable View
The Drunken Monkeys are sober...Hope they stay out of AA this time.
The depth chart/table tells a sobering story, tons of buyer demand facing disappointment as they sit 1-10 cents behind the bid, while the sell side has thinned out considerably with a wide price spread. This is a setup for a re-rate upwards as buyers realise they have to meet the market or miss out.
clean air up to 1.20 when breaks above 1.1 i reckon
Jeez, bull and beagle ...or is beagle and bull ... both in live with Oceania and buying and egging the share price along ....and helped by a sheep
Always knew bull and beagle had respect for each other and were mates
With that force behind it what possibly could go wrong
yeh I had decided last week to re-enter OCA in a moderate sort of fashion but I deliberately chose not to buy on Fri based due to concerns about US over the weekend. (Probably fall tonight now but oh well)
So I had a market bid filled this morning at $1.09. A bit of momentum showing so always looking for opportunities. Need to make more money now I am only half the man I used to be. lol j/k.
oca poor relative performance in the sector offers potential for it to close the gap on its peers im thinking and the bond issue subscriptions will be a big indicator.
if it is well over subscribed would mean investors have faith in the company looking ahead if its a poor subscription i be running for the hills lol
On a price/book basis OCA priced about the same as ARV
No longer the sector laggard
Seems about right
"be carnage if it is"
toes only at the Mo .... dont see the sweds coming over the horizon just yet...westerly gales will blow them back out to sea unless they came round cape hope.
MET - Who cares...that dog is about to be sold.
ARV $1.68 /$1.27 = 32% premium to NTA
SUM $8.70 / $4.91 = 77% premium to NTA
RYM $13.85 / $4.52 = just over three times NTA
OCA $1.11 / 95 = 16.8% premium to NTA but OCA talk a lot about NAV which includes developments in progress which was $1.10 as at 31 May inclusive of valuers steep write-down's caused by Covid which have turned out to be baseless assumptions. so the share price is trading right in line with the heavily and inappropriately written down NZV as at 31/5/20.
PLENTY more room for OCA to run in my opinion.
Always a worry when companies promote a made up metric...esp one based on guesses
Good size parcel at 1.12 just now