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Spot on my friend.
I would also add Unknown, there is a time to be in the markets and a time to be on the sidelines also.
Right now this is a good time.
Who knows, could be tomorrow, could be months, has been years.
Anyone reckon a 7am RNS?
Same wave length Akramms - respect!
Patience is quoted often by many but very few have it even though they think they do.
All the best.
All shells are punts to an extent, they always have been and they have always been easy money, it is only this past year that people have clocked it, its aways been this way.
NAK I did not even post, did not need to, bought it when no one wanted it and more than ten bagged, they all do.
People over complicate this game and they over trade and chase or follow crowds, no.
By the time it is on Twiiter you are way to late, they are already loaded up.
Def worth a punt. Longer term investors paid up to 150 times this price. I see this as it is....a punt.
I personally would look into investing this in Cryptocurrency.
Look at all these blockchain companies rallying, because of Bitcoin rising.
I ment £5m cash
If any company was to use Origo as a SPAC vehicle.
They will have enormous tax incenstive, against tax losses.
Not to mension they will have almost £5 cash
VCBC was at at 0.058p for 4 years, today touched 4p - staggering upside
This could be the next VCBC of the week?
High Risky v reward
- I personally opted for the high reward on this one.
Look at Vertu (VCBC), they were on 0.5p at £0.6m MC two days ago.
They rose 100% yesterday
and 270% today reaching 3.7p
7.4x fold in 2 days.
Reason for Rise is possible SPAC vehicle.
Origo has £1.8 cash and $4.2m (£3) coming to them from a sale of Celadon for $47m, which should have been complete end od Dec 2020, but due to COVID travelling restriction has been deplayed.
This will give Origo almost £5m
Their Currenct MC today was only £0.5m before rise
Really? One of the most dubious histories on the stock mkt. What did happen to the 140 million I wonder? Hmmmmm
Still holding though.......time it had a run
Origo Partners was formed in Dec '09 by the merger of private equity manager Origo Sino-India (OSI), which also had a book of legacy private equity investments on its balance sheet, and the natural resource focused fund, Origo Resource Partners
(ORP), which was managed by OSI, to form OPP.
The merger created a single larger entity, with net assets close to $140m, offering investors exposure to a more diversified portfolio of China and China-linked private equity investments.
this is not like a open ended investment close ended investment are not able to offer more shares
these companies a like mutual fund
if i listened to everybody who said dodgy, I would be a poor poor man. Lol
Thankfully I trust my own instincts and have profited well.
It is very simple, If you don’t like something, say it and then move on.
Freedom of speech I love. But always allow others to invest.
This will motor to 3p-4p
We also need volume to clear the sellers, it is why they are hesitant to raise the bid.
No more dodgy than all the other nonsense pumped shells.
Wait and see.
All the best.
Yep, probably be one of the biggest risers of the year, no one wanted it, I did.
All the best.
Dodgy stock with a dire record. An "investment" company that seemed to lose all its money somewhere. I read an article about it somewhere.
Not really sure what it had left I must say. Bought in at av of 0.16 and could not understand the impatient selling at 0.1 in the past. Could easily get 4 times my money back.....fingers crossed ...or nothing at all.
sudden stream of buys flooding in..
someone knows something..
must be a leak...
might take a punt
that's what puts me off, any one have any more thoughts on close end investment
Possible LEAK, the amount of trades that have just gone through in short period.
and the 100 Code this morning
Expected Celadon Mining Sale, which should have been completed end of Dec 2020
Origo will receive $4.2 of the $47m sale.
plus the £1.8m cash they already have will give them close to £5m
Now this will be 10 bags- 5p
...0.5m>>> £5m
This has cash and assets.
Into Origo partners....
Sold out of VCBC tonight in profit.