GREY:OLEPF - Post by User
Comment by
frankmanon Mar 15, 2013 1:58am
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Post# 21133562
OLE has lost -.34 in 2013
OLE has lost -.34 in 2013 And Teranga broke a new 52 week low at $1.26. As trading volumes on the Canadian exchanges continue to lose volume as we slide into summer =lower s/p volatility=sp's drifting lower. I have observed lower TSX trading volumes again for March but would like to see the next report to confirm this.Majors are conserving cash and OLE continues to exist on credit loan $1.8 mil at 12% compounded daily paid monthly. Also those loan shares granted become free trading in weeks.
Only regurgitated M&A talk here as both majors and intermediates lose s/p value and usually don't deal from weakness. Most are holding cash for survival.
| Date | Close |
| 03/14/2013 | 0.47 |
| 01/02/2013 | 0.81 |
| Net loss | -0.34 |