Also, OCA has just been included in the MSCI Global Small Cap Index. I guess the free float increased substantially when Macquaries left the register and this let OCA make the cut for inclusion.
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Also, OCA has just been included in the MSCI Global Small Cap Index. I guess the free float increased substantially when Macquaries left the register and this let OCA make the cut for inclusion.
We still have a bit of a wall to get thru between 75 and 78 but i get the feeling we are now heading in the right direction.We may see another run similar to the recovery from 40 to 70c.AIMHO
A new craze is emerging ..... a profit measure called EBITDAC
take out Covid impacts and report that as your profit
Good trick for the new Oceania cfo to use
Dipped my toe into the OCA water......
Not really a "craze" though is it. I think knowing what operating profit would have been without specific Covid 19 costs is useful information as hopefully that gives investors a better handle to assess fair value based on normalised profit. (One would hope Covid 19 costs won't be with us indefinitely).
I'm really "looking forward" to that.
This post contains forward looking statements
These statements are based on current expectations and are subject to a number of material risks and uncertainties that could cause actual results and performance to differ
No representation or warranty, express or implied, is made or given
PS covidize revenue as well, get the full story!