Ofex Holdings Share Discussion Threads

[shoggoth] 19/8/2003 15:21

Increase the market makers and the spreads should follow.

[big black dog] 19/8/2003 14:44

Spreads on OFEX are often less that spreads when companies move to AIM, however OFEX definitely needs more that one market maker.

[big black dog] 19/8/2003 14:44

Spreads on OFEX are often less that spreads when companies move to AIM, however OFEX definitely needs more that one market maker.

[big black dog] 19/8/2003 14:44

Spreads on OFEX are often less that spreads when companies move to AIM, however OFEX definitely needs more that one market maker.

[big black dog] 19/8/2003 14:43

Spreads on OFEX are often less that spreads when companies move to AIM, however OFEX definitely needs more that one market maker.

[shoggoth] 19/8/2003 14:26

Interims released today show that volumes are down. Maybe it has something to do with the huge spreads (sometimes 20% or more) that JPJ insist on imposing. With only one market maker it doesn't give an incentive for investing.

Maybe shareholders should be able to put some pressure on OFEX to do what they can to stimulate the market, and the place to start is the spreads.
If spreads are not reduced then investors will not want to invest in the very companies that OFEX relies on for its revenues, a double whammy for OFEX.

Regards

[kouneli stifado] 13/7/2003 20:51

5p, how long do uthink it will take to get to 5p or less simon?

[simonevans] 13/7/2003 20:44

I would like to see this company taken-over by a more professional outfit. Maybe even the LSE may be interested or a small cap broker? What do people think - no point buying now though - might as well wait until 5p or so. Ofex could be a cracking market, if only it was run more professionally.

[kouneli stifado] 13/7/2003 00:02

17.5p friday, new low

[mitzis] 12/7/2003 15:47

I will turn a buyer at 6p......short them from here and then buy back at 6p...

[kouneli stifado] 08/7/2003 19:46

I must concur with previous posters, this will bebust by xmas

[simonevans] 08/7/2003 19:33

yes, there is currently very little interest in joining the ofex market which is a shame. Game over?

[lom2] 08/7/2003 16:18

ofex shares down 12% to 18p , well below float issue price

[outsider] 20/6/2003 13:11

It depends if you are selling into a blue market or a red one.

Selling into a blue rise is very easy & you beat the spread. Selling into a red fall....you will probably only get quoted bid price.

If you build up large stakes that's a different matter, as it is on ANY market.


These are small caps not FOOTSIE stocks

[argy2] 20/6/2003 08:08

In my experience Ofex stock are very difficult to deal in when buying and doubly so when selling.

[outsider] 20/6/2003 07:28

After many spreads were narrowed yesterday, more of the same this morning before the 8.00am open

[ofex punter] 12/5/2003 00:16

simonevans - 10 May'03 - 08:49 - 45


In addition there are current NO new issues on OFEX listed on their web-site. I cannot remember the position ever being that bad for Ofex.


Check Monday!

[lovecustard] 11/5/2003 00:12

bust by xmas 2004 or sooner

[ofex punter] 10/5/2003 11:17

If you have not done so already, read two threads on Unquoted.

First one, indicates a rival to Ofex (535X)



Second one, informative.

[simonevans] 10/5/2003 08:49

Ofex has great potential imo. but needs to be taken out by a more professional team. It must be rather concerning to ofex that despite a number of companies going private / moving to AIM no companies have moved to Ofex. In addition there are current NO new issues on OFEX listed on their web-site. I cannot remember the position ever being that bad for Ofex. Furthermore, some of the Ofex advisors such as Daniel Stewart seem to have given up on trying to list companies raising new money on ofex. It's all a confidence thing if you ask me. If companies believed that ofex had a future then I am sure that many would be lining up to join this market which has major cost advantages over AIM and a full listing. I would not be surprised to see a major investor step in, once it is clear that the current management team have failed, and fail they will imo.

[bmearns] 09/5/2003 14:39

Has anyone bought shares in OFEX (symbol OFX) themselves ?
(the ones that are now listed on AIM)
If so what are your views on these shares performing well ?

[quickflutter] 01/5/2003 12:48

if it aint got the money this time round, will it ever?????

[quickflutter] 01/5/2003 12:48

if it aint got the money this time round, will it ever?????