Oriole Share Price (ORR)

Everyone had the chance to buy when the SP was on its uppers! Can't comment on recent difficulties but if it's impossible to buy why isn't the SP higher? ORR investors ALWAYS sell into a rise so where's the rise to make it worth their while?

Yeah noticed the price jumping around a lot. I was saying to Kutzz last week if the price dipped back down again below .17 I would buy more and sure enough it has done over the last couple of days. So far I haven't had any issues buying, have been getting decent quotes from my broker.

Has anyone noticed how the market makers keep flicking the offer price around, it moves from .16p to .19p at will without any obvious trades going through. This is usually a sign of background activity, it happened a week or so ahead of the move from .9p to .21p.

At times you cannot buy at all, even small buys get rejected, it is very strange indeed, it is, once again, becoming harder to get a decent line of stock, usually a good sign but frustrating for those looking to get in or add.

One suspects more news is imminent.

"So we're still in discussion with the bank on whether or not they want to change (increase) their offer."

Times are improving for Oriole.

I felt the investor meet was very bullish and clearly a precursor for more news, as I have already suggested there is a very real possibility that they could sell their stake in Senala, maybe before February, did you hear TL be specific he actually mentioned mid February the JV expires.

My bet is discussions with Manage are ongoing, clearly their preferred option would be outright sale, note the comments about the project being a distraction of management time, the question remains how much would they get for their 30% stake? In my view it has to be north of £5m.

Finally ORR has become more concise and a far better investment proposition given recent JV news and a plethora of value events ahead.

The sector seems to be growing green shoots of recovery, so it is not unrealistic that ORR shares could be sailing back into the .50p-.75p range in due course, the bonus being no more dilution is expected - so even better !