maybe CLSA -the instos and professionals in this case- also didn't know what they where getting into? They certainly didn't make any money selling at all time lows.
I had a read of that discussion and its strange because people where saying then that pro's buying and retail selling means the SP will go up - because retail are dumb. Obviously that was not what happened. The same pro's selling now does not mean that the SP will go down - because retail are dumb. Not that I'm predicting it to go up.
The SP now and the future of the company depends on the actions of the board.
OGX Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held