OKN - Oakton Limited

[Muschu]

View attachment 54665

Thanks... I do hold now but do not understand your chart.....

 

[piggybank]

Thanks... I do hold now but do not understand your chart.....

It's known as a Point & Figure Chart - Google it and you will find plenty of examples

 

[Country Lad]

Thanks... I do hold now but do not understand your chart.....

rick, P&F charts essentially takes the time out of the charts and considers only rises and falls of a predetermined magnitude (6 cents in the case of the chart below) allowing us to look for patterns and trends. You will find a few topics about them if you do a search. The two OKN charts below are for the same time frame.

Cheers
Country Lad

 

[tinhat]

Hot dog. This company has been on my watch list. Nice to see a breakout.

 

[McCoy Pauley]

Announced to market this morning that Oakton has received an offer from Dimension Data to enter into a scheme implementation agreement for Oakton with Dimension Data offering $1.90/share. The offer was recommended to shareholders unanimously by the board. Price shot up to $1.88/share the last time I checked (this morning).

I don't hold, so DYOR.

 

[System]

On November 26th, 2014, Oakton Limited (OKN) was removed from the ASX's official list following the acquisition of the Company by Dimension Data Australia Pty Ltd.