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I only wish I shared your complacency. Don't you think there have been more than enough "buying opportunities" already?
I'm depending on ZIOC to buy me a house and the current SP is illogical and something you should be concerned about!
"Strange the usual protagonists of doom are no where to be seen this morning!"
Fear not Eddsy, one of us has arrived this afternoon! Yet again, ZIOC defies all logic. Whoever paid 8.8p this morning won't be too happy with the current SP. Mr Market continues to doubt the imminent arrival of any jackpot, however small or large, in any shape or form. Fact.
"Hard for management to go wrong from here you would think unless they keep flogging the same old horse." Quite.
I can understand buying mail order from a specialist who supplies the types of wines you won't find in a supermarket but what differentiates WINE from a supermarket? Only this morning I shopped at Sainsbury's who had 25% off 3 Bottles of Taste The Difference wines. I bought a Trentino Chardonnay, a Portuguese Alvarinho and an Alsatian Gewurztraminer.
The latter was £10.50 less 25% = £7.88 which was an absolute bargain - a price from 10 years ago!
"How much for all the wine, the client list, and the set up "Angel" Channel = £80m?" No chance - better to wait for them to go bust and buy it for peanuts. Maybe VINO would be interested? And bear in mind that the wines are not the sort that increase in value - they are very perishable!
VINO and WINE now have very similar Mkt. Cap. after WINE's plunge. Just hope VINO isn't finding things as difficult as WINE is.
When you consider the potential rewards a £3m Mkt. Cap. is ridiculous but we are where we are. ORR is not alone - there are plenty of other undervalued commodity shares. I suspect Mr Market thinks the human race will be extinct before it needs all the commodities.
"50p before Christmas is the price increase I am after." And then sell? Could very well be a good call. With all the information that's in the public domain and after reading all the very informative posts here any new investor would think ZIOC is a jackpot waiting to happen. I still do yet the SP is where it is. Considering how many shares are N.I.P.H. it's very surprising the SP isn't a lot higher. Obviously, Mr Market knows something all us long-suffering shareholders don't.
Incidentally, at the moment I need 153p to enable me to buy my dream home. Should ZIOC receive a £1bn takeover offer I'll have plenty of change to spare and whoever buys ZIOC will have bagged a bargain.
I note the removal of HawaiifiveO's unhelpful post about another Lanstead Sharing Agreement. According to their website "Management must be able to demonstrate how Lanstead’s funds could support growth" which implies ORR satisfied that requirement and all that's needed is more patience. The website also states "Many of the companies with Lanstead on the shareholder register have benefited substantially from the accompanying sharing agreement, receiving more cash than the original placement proceeds without having to issue any additional shares." Unfortunately, that implies some companies have received less cash than they were anticipating. The sharing agreement is in its early days and there's plenty of time for things to change dramatically. I continue to expect the unexpected. Thousands wouldn't.
Obviously, today's the day to buy KP2 - not several years ago when I paid over 1p.
"Darkest before the dawn is an apt description of our predicament. It's a great entry price now but I'm holding off as I'm already over allocated here." That's often the problem and having already increased my holding by 50% and paid a lot more than 0.09p I have no further funds available either. It's interesting Eileen hasn't bought more shares at this bargain price but she's probably in the same situation as me. I remain confident something is brewing and her faith is vindicated.
Hi extrader, thanks for replying. I was not familiar with the Lassonde curve but now I am! It strikes me ZIOC is in late Stage 3. Unfortunately, "it seems that once locked in a prolonged Stage 3, it can be difficult to get out of it. " How true!
Would extrader care to comment? 50p would have a big impact for Veteran10 while 200p is life-changing for me! I suspect that means he owns at least 4x the shares I own but WTFDIK and he doesn't even think I'm a shareholder! All this prittle-prattle makes no difference to the final outcome and I'll miss this board when ZIOC finally succumbs.
Might I ask what car Troajan currently owns? I'm the owner of a 13 year old FIAT Panda on its last legs - bought new and regularly serviced by a main dealer but now in danger of being uneconomical to repair. Got charged £800 to replace one injector and there are three more!
My immediate response is short Tesla and buy Gold! Especially very undervalued gold stocks like ORR.
As for Tesla, I can see it going bankrupt as soon as the rug is pulled from under EVs. They are pure Betamax and Hydrogen will take their place. It's a mystery why more hydrogen cars aren't being offered. Same infrastructure problem?
Not my problem - just about to buy a 4 year old petrol-powered Nissan Juke with a CD player!
I was only poking a hornets nest - I also hope for a swift conclusion. But at what price? There's the rub.
(The original rub predates Shakespeare. On the smooth grassy greens used in lawn bowling, a rub was a bump or uneven area that could send balls off course.)