We all know that longer term the supply up to 10c has been massive. It's a price point that many historically have entered on thinking the 5% profit increments post 10c will be easy money. OEL is the classic example of how flawed this buy in strategy can be. Yet over the past 4 years, every time the share price has run up to 10c, supply has slowly yet surely been eaten away. Its probably done it a dozen times since 2009. My view though is that what we are seeing now is the real deal and once we get past 10c this time round, the supply up to 12c and then 15c will be graded lower. To the extent that post 15c, the supply is finally going to be very limited. I'm not a long term holder but i have been surprised at how plentiful the supply has been up to 10c - but it is what it is and I'm not overly informed on this companies history. But since I've been following it, this is the most determined I've seen it in regards to making head ways into breaking the longer term range. And Looking better by the day ! E.
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- imo this is the real deal
imo this is the real deal
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $11.48K | 914.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14875552 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 12440675 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14875552 | 0.012 |
7 | 3626657 | 0.011 |
19 | 22362332 | 0.010 |
4 | 7600000 | 0.009 |
4 | 470247 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 11440675 | 18 |
0.014 | 4215902 | 9 |
0.015 | 4835333 | 8 |
0.016 | 97225 | 1 |
0.017 | 72000 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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OEL (ASX) Chart |