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25-05-2020, 04:02 PM
#5241
Winner mate, you love playing Devil's advocate...sometimes I think you thrive on it. They're in the middle of a major transformation process as clearly articulated in the Macquarie presentation. Its not that hard to understand. Listen to the presentation.
The link to listen to this presentation is in here. http://nzx-prod-s7fsd7f98s.s3-websit...551/323074.pdf
If you are serious about understanding OCA there is no excuse for not making the time to view this.
Last edited by Beagle; 25-05-2020 at 04:18 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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25-05-2020, 04:26 PM
#5242
Member
If Salts average sell down price was 75c,had they have held on and trickle fed and averaged at say 82c.......
12000000×0.07=$840,000.
Must be nice to play with someone elses money
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25-05-2020, 04:32 PM
#5243
 Originally Posted by nevchev
If Salts average sell down price was 75c,had they have held on and trickle fed and averaged at say 82c.......
12000000×0.07=$840,000.
Must be nice to play with someone elses money
It's possible Salt are still selling / reducing
Get the price up and then have another go.
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25-05-2020, 04:35 PM
#5244
Originally Posted by nevchev
If Salts average sell down price was 75c,had they have held on and trickle fed and averaged at say 82c.......
12000000×0.07=$840,000.
Must be nice to play with someone elses money
When you are talking their kind of scale, that was trickle feeding unfortunately. And that seems to be the only reason OCA went down from mid 80s last time. They have enough left to do the same again, 2.5 times... The question is, do we consider that prospect scary, or further opportunity to accumulate. I'm in the latter camp, but at the same time too scared to profit take at this point in time for fear of regret!
Last edited by Cyclical; 25-05-2020 at 04:36 PM.
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25-05-2020, 04:44 PM
#5245
Member
Originally Posted by Cyclical
When you are talking their kind of scale, that was trickle feeding unfortunately. And that seems to be the only reason OCA went down from mid 80s last time. They have enough left to do the same again, 2.5 times... The question is, do we consider that prospect scary, or further opportunity to accumulate. I'm in the latter camp, but at the same time too scared to profit take at this point in time for fear of regret!
Yer,me to.Hard to find anything else on the NZX with these sort of prospects. Waiting to hear back from my loans officer.Its only money😁
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25-05-2020, 04:46 PM
#5246
Broker targets appear to be 108 and 122 (Marketscreener)
Big upside from here
Go OCA
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25-05-2020, 04:51 PM
#5247
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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25-05-2020, 04:54 PM
#5248
Originally Posted by Beagle
Prefer the 122 target though
Must be Forbar
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25-05-2020, 04:57 PM
#5249
Originally Posted by winner69
Broker targets appear to be 108 and 122 (Marketscreener)
Big upside from here
Go OCA
Go you good thing GO GO GO! .
pulls out whip and hits a wnner
Last edited by Joshuatree; 25-05-2020 at 04:58 PM.
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25-05-2020, 05:10 PM
#5250
Member
Originally Posted by Joshuatree
Go you good thing GO GO GO!.
pulls out whip and hits a wnner
Hahahahahahahahahaha.
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