Sure is as they are birds of a feather, however the overhang will cap any rise in the meantime.
That simple response is underwritten with great understanding. Couta , you are
spot on. As long as we can all live another 1 year then this is "money for nothing" Mark Kn.
Tempted to think that we might have the early signs of a breakout looking at the chart but until that overhang is dealt with...
Been a good year though. Listed about one year ago at 79 cps and up 31% since then.
Second year might see similar gains too in my opinion but not until they dive down first to $1.01 to give me a fill with my buy order
Last edited by Beagle; 30-05-2018 at 09:19 AM.
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
The last annual report can be downloaded by going to the investor centre on OCA's website. Macquarie roughly hold 57% and the escrow arrangement is in place until the first business day after OCA releases it's results for the year ended 31 May 2018. Last year the results were released on July 27th.
Here you go. the overhang is what Maq will do with their shareholding after the escrow period(cant sell during this).
overhang ? more like outstanding long term invest.!
Originally Posted by Joshuatree
Here you go. the overhang is what Maq will do with their shareholding after the escrow period(cant sell during this).
A rumor is that Maq fimly believe their portion is worth a min of $2.50 and they aint selling.
Nor would I if I were them!
100 mill+ profit in 1st year!
Paying close to 5% in 1st year!
1 billion + in assets!.
OCA Browns Bay and Milford are gorgeous---go have a look.
Liz and Earl and the new joker all beavering away.
Nope---if I was Maq I would be a nutcase to sell.
Sorry another question, "Macquarie roughly hold 57% and the escrow arrangement is in place until the first business day after OCA releases it's results for the year ended 31 May 2018. Last year the results were released on July 27th."
What does this mean in laymans terms. Does this mean they cannot sell until that date?
Sorry another question, "Macquarie roughly hold 57% and the escrow arrangement is in place until the first business day after OCA releases it's results for the year ended 31 May 2018. Last year the results were released on July 27th."
What does this mean in laymans terms. Does this mean they cannot sell until that date?
Originally Posted by Lawstudent05
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overhang ? more like outstanding long term invest.!
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