Market's view on Oriole
Published on April 2024
- Stock watchers express anticipation for upcoming positive news, specifically hoping for updates regarding joint ventures, amidst ongoing issues with Lanstead financial arrangements.
- Concerns are raised about Lanstead’s selling practices, which are perceived as damaging to investor interest and stock value.
- Discussions about contacting the Financial Conduct Authority (FCA) and the nominated adviser (NOMAD) for regulatory insight and complaint filing regarding Lanstead’s actions.
- The need for strict adherence to rules regarding stockholder notifications is highlighted.
- Some stock watchers express frustration over perceived manipulation and deramping by other traders.
- There are mixed observations about stock price movements, with mentions of a potential double top pattern indicating a price reversal.
- Stock watchers discuss stock buying strategies, with one notably aggressive buyer pointed out for aiming to acquire a significant position in the company.
- Minor declines in stock prices prompt discussions about potential short-term corrections, but some remain optimistic about long-term gains.