OEQ - Orion Equities

[System]

Orion Equities Limited (OEQ) is an Australian Listed Investment Company (LIC) with the majority of its funds invested in a portfolio of listed Australian and international companies and Australian property.

http://www.orionequities.com.au

 

[galumay]

This is a super illiquid micro cap, indirectly the CEO holds most of it, mate of mine has been slowly accumulating a small parcel, (impossible to buy in any quantity). Was already deeply undervalued, more hard assets than market cap, just got $5m more cash and is up 165% on the announcement! Unfortunately it had not come across my desk so I didnt even have a tiny holding!

 

[divs4ever]

i had noticed it before , liked others better

looks like i saw the train and let it go past

 

[galumay]

Oh well, its not the rockets you miss that count, its the dogs you avoid!

 

[divs4ever]

Oh well, its not the rockets you miss that count, its the dogs you avoid!

had my share of missed trains , and collected flea-bags , but the thing i did learn was to bet small ( the ten-baggers still look awesome but the black-holes don't send me bankrupt )