PPle don't want to wait 3 to 5 mths..but for value investing don't bother about this..RTO is likley to succeed as these involve Singapore cos not PRC..Oculus instantly become profitable with 20mil qnd 30mil for Fy 08 and Fy 09 respectively...previously also tested high at 45.5cts in June before July-Aug it was sold down heavily to a low of 15cts but within 2 weeks it spring bk to 25 to 33cts...the swiftness it bounced back is an assuring sign..in fact I collected a lot during its downtrend ..hence see my thread it'll cross 33cts otherwise rights issue aborted..Oculus doesn't even need the rights issue money(gd news right issue cancelled recently) and the American Fund mgr is providing 100mil free interest loan speaks well og co's potential.hence the $600mil to be financed by issuing wholly Oculus shares
at 50cts is justifiable.
2nd fear ppl hve is its parent Global Ariel has tumbled 60% to about 16cts after its RTO by injecting a China-based concrete business in June this year.But the key here is 2 different animals altogether.Carbon Credit Biz
will be the market Darling for the 21st century esp with global warming will be giving najor emphasis by all industralised countries.Those not familiar of course sold out but this time is to collect at cheap prices but likel the renowned Warren Bufftet he doesn't worries about fluctations in share prices-for this U need patience and holding power.Of courese everybody want speculative shares that soar non stop but
these will be brought to their knees if they hve no solid biz to back up.
Although the hydroelectricity powers with PRC cos was aborted but Oculus still provide advisory role..expect more tie-ups but meanwhile the Areate_oculus RTO may bestow 50mil carbon credit to Oculus worth $1 > billions...this kind of enviromental firm is likley to attract American -European fund mangers when Oculus got relisted..but everything has a price..the price U pay is for the wait(3 to 5 mths)
