OEC - Orbital Corporation

[Purple XS2]

Orbital has been prone to this sort of thing: upsurges for no particular reason, followed by disinterest ... 12 month chart.

This time for sure ...?
Market cap AUD$ 36 mill or so. 165 mill shares on issue
There's 17 million OECO oppies expiring early Feb 2026, (strike $0.35)
If they start moving it might indicate something with momentum.

 

[farmerge]

Orbital has been prone to this sort of thing: upsurges for no particular reason, followed by disinterest ... 12 month chart.View attachment 205693

This time for sure ...?
Market cap AUD$ 36 mill or so. 165 mill shares on issue
There's 17 million OECO oppies expiring early Feb 2026, (strike $0.35)
If they start moving it might indicate something with momentum.

@Purple XS2 Looking at this chart and the upward movement for the past couple of weeks, perhaps the stewards may be called in to swab the board.!!!!

 

[Garpal Gumnut]

I know nothing.

gg

 

[barney]

I know nothing. gg

Thank you Shultz

Orbital has been prone to this sort of thing: upsurges for no particular reason, followed by disinterest ... 12 month chart.

In the top 10 of the "Possibles" this week with just under $1M in trading turnover.

Quick glance at their last Quarterly says only $1M left in the kitty

Rsing SP into a Cap Raise I suspect?

 

[Purple XS2]

After a pretty dramatic rise for no particular reason, after languishing around the 0.09c - 0.,11c range for quote a while, Orbital surged to reach a high touching 0.35c .... to be followed by ....
A CAP RAISE - gosh - who'da thunk it?

Not a whole lot of $ involved - raised $3 mil at 0.21c per share, from insto's and sophs - number of shares issued being under 10% of prior total. Face value market cap now a bit over $40 million.

So, a case of grab the money while the market is enthused and the going's good, and never mind that there's 17 million options at strike 0.35 due early Feb 2026? $6 mill if they're redeemed.

If

Or is Orbital expecting to be in the money - ie heads to be above $0.35c - for OECO options, in 5 months, as well?

And what's behind this rise anyway? Share price since the issue has been hovering around 0.25 - 0.26

Orbital has spent decades really, looking for a market for their small engines. In the last couple of years UAV 'drones' have become every governments concern. And if Australia and regional neighbours want to be able to build lots of disposable drones without dependency on Asian supply chains?

Don't ask me how a small cap Australian engine development company can scale up manufacture, or who they see themselves partnering with. But if there's a plan afoot, Orbital might be in for interesting times.

If

Might

P

 

[farmerge]

After a pretty dramatic rise for no particular reason, after languishing around the 0.09c - 0.,11c range for quote a while, Orbital surged to reach a high touching 0.35c .... to be followed by ....
A CAP RAISE - gosh - who'da thunk it?

Not a whole lot of $ involved - raised $3 mil at 0.21c per share, from insto's and sophs - number of shares issued being under 10% of prior total. Face value market cap now a bit over $40 million.

So, a case of grab the money while the market is enthused and the going's good, and never mind that there's 17 million options at strike 0.35 due early Feb 2026? $6 mill if they're redeemed.

If

Or is Orbital expecting to be in the money - ie heads to be above $0.35c - for OECO options, in 5 months, as well?

And what's behind this rise anyway? Share price since the issue has been hovering around 0.25 - 0.26

Orbital has spent decades really, looking for a market for their small engines. In the last couple of years UAV 'drones' have become every governments concern. And if Australia and regional neighbours want to be able to build lots of disposable drones without dependency on Asian supply chains?

Don't ask me how a small cap Australian engine development company can scale up manufacture, or who they see themselves partnering with. But if there's a plan afoot, Orbital might be in for interesting times.

If

Might

P

Orbital certainly has been hovering for many, many years with not much to show for it.
Sure, they developed an engine that was supposed to set the world alight, but it has not really proved much.
Correct: If, Might and Could