RE:RE:RE:ORV will go to 25 cents a shareTechnicals are shaping up. Next target is 100 day MA at 25 cents, with 32 cents being next level of resistance. Beyond that, we could go parabolic
Valuuuguy wrote: I thik/hope he meant 25 cents today!!!! At this point, I think Fabulosa would consider taking this private at up to $1 if they are serious. And its a big question if they are serious based upon the people they have put on board and management. On the flip side, I think theyd seriously entertain selling at any price over $1.50.
All of the above is based on assumption they are not running a "sham" here.
Nergy wrote: 25 cents???
Getting Orvanas three projects to where they are today would require atleast 300MCAD of CAPEX.
I don't know about you but you, but I'm not satisfied with anything less than 2.5 CAD/share and I'm also pretty confident the mysterious Fabulosa would reject any offer below 2.5 CAD where the projects currently stands.