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Enjoy sitting at 2p range for 6months!!!
A matter of waiting this out.... Yes....the old team was diabolical and p(ssed shareholders money away on sub-optimal assets... But..that is gone. We have 3.5 mill cash with a £5 mill mkt cap.... A proven M & A team V surprised this has not started to pick up as yet....of course no doubt whenever the RNS drops this will go vertical Nice chance to get in at moderate premium to placing... Cannot understand why folks were queuing up to get in pre consolidation and now they can get in @ 30% cheaper they are sitting on their hands??
Bizarre one this... Some humongous buys, then zilch on volume... There appears to be little churn on placing shares, so it looks like its sticky money.
another down day, today or up
Some serious background buys going in here. Inn for a few see where this goes on the basis of cash + new mgt team
It's a new beast. I can't believe holders didn't buy in the open offer at 0.06p (1.5p). Cashed up now with £3.5mill.
Apols - that should have been 1.90 to buy ORE...it's BMV which is still available @ 1.85p, after the dir buy @ 2p.
Maybe now at a punt price? I think so...
£600 to £8. I'm loving the "imho" part of your post. Lol.
yes if 40000 cover the losses last 2 days
Thomas -- ah, I see now; 4,000 new shares! Thought you meant £4000! That would have been sweet!
Thanks DD. Thomas -- ???!
never stops down down down
£70
4000
Hi all, Can some kind soul tell me how much 1m (old?) shares are worth now? I've not been following this in the past month or two. TIA
'The Company intends to become an AIM Rule 15 cash shell and to complete a suitable reverse takeover within the next six months.' - that gets my interest as an PI. There will be people on this board I'm sure that won't agree with backing Reynolds but he does have a decent record in my view.
I do take your point. However, I'm purely investing in the shell nothing to do with what has happened before with Orogen gold the mining company. Reynolds has a proven record of filling cash shells with newly listed companies that go on to make investors money. Therefore I think at 2p and before we even know what this company will be, in my opinion is worth a punt. The RNS states - within 6 months. I'm personally happy to have some cash tied up for 6 months while we wait to hear. Again, in my opinion. GLA.
That's "pi's money".....that said pie money still fits!
Ipgsimmo You are aware aren't you that Reynolds was the Chairman of Orogen Gold..........so what wonders did he perform exactly?, well apart from lining his own pocket with pie money whilst he sat on his big fat arse doing sweet FA. Do wish you well........but this is a con pure and simple. Hope the FCA delist it asap so no more punters are mugged of their hard earned. DD
Hoping Reynolds and co. can do wonders with this shell. 2p is a hell of a price for the potential and based on Reynolds track records I'm backing them. Sorry to all previous holders of Orogen gold, as it is clear from this board that it's all a bite sore. I hope that if you have retained shares that this will come good for you as well.
The stench from the dog poo is just rising today. Have to see what happens in the next six months. I see the Directors are dabbling. Poking ORE with sticks. Lol.
at least you were smart enough to stop at £600. I have lost considerably more :(
Down 23% is no surprise...................tbh why would you invest here anyway?, its a pile of dog shite and you know what they say about trying to polish turds! DD