This is the problem with holding/ investing in OCC - EVERY reasonable announcement over the last umpteen years has resulted in a ONE DAY spike followed by the inevitable sell down over the preceding days. Chart the annoucements against --- the chart and you'll see.
What strange forces are at work here? There must be a reason. Why the mysterious closing buy the other day folowed by the inevetiable (as I correctly predicted) sell down the following trading days. This activity repeats every week of every month of every year.
Congrats Hotdog. If you have sold out, I imagine the feeling is quite liberating. Because holding OCC over the last few years has been the most unrewarding, frustrating and disappointing stock I have ever owned.
And - when Ravi's performance (ahem - joke!) shares convert - he will own 1.5% of the company! That could be tomorrow ! Not bad for no proven performance.
$76M market cap.....unreal. Pathetic. Shameful management.
Ann: Orthocell Appoints Non-Executive Director Dr Ravi Thadhani, page-14
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Last
42.5¢ |
Change
-0.005(1.16%) |
Mkt cap ! $89.07M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 42.0¢ | $90.9K | 214.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12850 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 24056 | 2 |
View Market Depth
| Last trade - 15.54pm 27/09/2024 (20 minute delay) ? |
| OCC (ASX) Chart |