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Ortac Res. Share Chat (OTC)



Share Price: 0.13Bid: 0.12Ask: 0.14Change: 0.00 (0.00%)No Movement on Ortac Res.
Spread: 0.02Spread as %: 16.67%Open: 0.13High: 0.13Low: 0.13Yesterday’s Close: 0.13


Share Discussion for Ortac Res. (OTC)


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chiefochiefo
Posts: 1,908
Off Topic
Opinion:No Opinion
Price:0.13
OTC
11 Nov '14
I've never seen someone get so excited over a share they aren't invested in. Wow so you got lucky with your prediction. You could have said that to another 50 companies on AIM. Some aren't even trading anymore. Market sentiment and macro factors changed how investments in AIM work. Now how many companies operate.

And before you ask. I didn't even read your posts speranza.
 
speranza
Posts: 1,615
Off Topic
Opinion:No Opinion
Price:0.15
What I posted April 19th sp of 0.23
10 Nov '14
To summarize all i have said, for the benefit of all, please read the below, together with the attachment.

As discussed, the market is currently only valuing the Net Asset Value per Share.

For the year ending march 2011, Financial statements reported it as 0.80p. The market then matched that level. Just before the release of the next financial statement, the Sp was hovering in the 0.80s.

For the year ending march 2012, Financial statements reported it as 0.36p. The market then during the year corrected itself to match that number. Just before the release of the next financial statement, the sp was hovering in the 0.36s

For the year ending march 2013, Financial statements reported it as 0.23p. Check the current share price....We were told what was going to happen a year ago...

For the year ending march 2014, Financial statements will report whatever assets we have, and the market will take a year to slowly match that number. So unless the sector has a re rating, you can predict the share price between now and march 2015.

The market takes its time but it eventually corrects itself to whatever it believes a stock should be valued at. In this case, OTCs assets.

As there is no revenue, assets for the year will be lower than 0.23p. Whatever is reported, the market will match that. Until revenue is created and the mining sector is re rated, the market will ignore any news. Of course, you will see oscillations in sp during the day or week, but in the grand scheme of things, The number posted in the summer will be the sp next year.

I challenge anyone to CONSTRUCTIVELY discuss for and against any of the points made. I think its time for every one to stop cheerleading and start analyzing serious data. How many of you even looked at the financial statements before getting invested?

=============================================================================

EPS is 0.12p and we are on our way to 0.12p. Watch out for the interim results in december.... You have been warned
speranza
Posts: 1,615
Off Topic
Opinion:No Opinion
Price:0.15
View Thread (3)
RE: ...
10 Nov '14
Interim results will be out in december, the market will look at the earnings per share, just like its doing now (0.12p), hence the slow readjustment towards that level. It is the only thing that the market is valuing at the moment, so forget talks about elections, candidates, value of gold and other bull****. Been saying this since early this year but I was laughed at....
Ideally you would want the EPS to increase and be higher than 0.12p... but what has OTC earned per share???? Definitely hasnt created more than its current value.

If people are gutsy enough to hold on to shares at these levels with crazy losses, then surely they are gutsy enough to sell and buy back lower. Trust me, the train isnt leaving anytime soon.
Jim200
Posts: 139
Off Topic
Opinion:No Opinion
Price:0.16
View Thread (3)
RE: ...
10 Nov '14
Hi Speranza.
Where do we go from 0.12.
speranza
Posts: 1,615
Off Topic
Opinion:No Opinion
Price:0.16
View Thread (3)
...
9 Nov '14
0.04 away from predicted 0.12p. Nearly there

Possibly before xmas
speranza
Posts: 1,615
Off Topic
Opinion:No Opinion
Price:0.16
...
5 Nov '14
No point watching daily movements. Not much is going to happen when only 2-3 trades of 150 quid are done per day. You would want to stay alert for a spike in volume (not like its going to happen any time soon though)
Feeks
Posts: 325
Off Topic
Opinion:No Opinion
Price:0.16
Yep, thought so
5 Nov '14
(sigh)
Feeks
Posts: 325
Observation
Opinion:No Opinion
Price:0.19
Ask raised to 22p
5 Nov '14
Do my eyes deceive me? (probably)
antonyfree
Posts: 1,107
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.17
View Thread (3)
RE: candidates
2 Nov '14



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