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?
Yes that's exactly what it means.
LOL Warren your enthusiasm is like a breath of fresh air. Doubt it will do anything for the SP though.
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
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?
It basically means some of us are well hung but with the falling knives atm maybe for not much longer. atpit
F4T,you are sentenced to 2 months confinement in a falling knife proof straitjacket and helmet with that execrable, sickly sentimental MOR song on repeat 24 hours a day. All the best for OCA though, IPO holder here.
Last edited by Joshuatree; 30-05-2018 at 04:00 PM.
I am a very happy owner and it can go down a bit and then up. Many reasons I see this with a favourble share to own. Off course biased because I am deeply invested. It's a long play with favourable mid term opportunities. Happy holding
I am a very happy owner and it can go down a bit and then up. Many reasons I see this with a favourble share to own. Off course biased because I am deeply invested. It's a long play with favourable mid term opportunities. Happy holding
I am also a very happy holder with a ++ size holding. This is my retirement fund and I will hold 20+ year unless something drastically changes. Also have Summerset which is almost 100% up on when I purchased. I find these two fantastic value and do see SUM catching up to RYM sp very quickly. Couta may disagree and his knowledge is great on these companies, but within 5 years Summerset will surpass RYM unless share splits occur....... if not sooner
$1.05 now - that is like pretty high stuff
As high as it was pre half year results
Pretty sure we won't see below $1 again, then again I've said this so many times only to see it just dip under it by a fraction I probably shouldn't be so sure
Originally Posted by Lawstudent05
Reply With Quote
atpit
Bookmarks