This is Joshua Wang's YT video which talks about him wanting to sell down a few.. not now, only after the coming rebound . This is what bottomfeeder is referring to
Since 2017 float based on current price, share price on average has moved up approximately .04c a year. So on that basis $1.08 in 2 years.
Grrrrr.
Maybe if all things remained equal. More recent history has introduced a publicised inflation rate of close to 7%. More likely closer to 10 or 12%. Also cost of construction index is much more than CPI, could be closer to 15 to 18%. Interest rates have increased more recently, and look to increase further. OCA has 100 mill raised last year at 3.3% available at that rate for another 4 years at least. These factors while a moderate effect on the company, nevertheless add to the mix. So it's not all bad. Understandably, when a SP sinks (and we don't know the exact reason for this) investor depression takes over creating a pessimism over the company as a whole.
Reimagine / reimagination seem to be the latest buzzword in the Oceania vocabulary ... keeps popping up in presentations and reports
Even in their PURPOSE these days
Wonder what it means
For shareholders maybe its imagining great performance and a $2 share price in 2 years
Originally Posted by couta1
Yeah-nah she be at least $1.30 in 2 yrs if not taken over for $1.50.
Yeah when I got into these at float my expectation was they would be hitting $3.00 by now. Not so. Things can quickly change though and it does seem they are now positioned for growth. World scene however seems to be in a dark place right now with all that is going on. Negative sentiment is outstripping the positive for now. Still buying the dips however.
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