OCC 1.16% 42.5¢ orthocell limited

Ann: Remplir Gains Australian Reimbursement, page-48

  1. 205 Posts.
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    Haha... the market is a joke. I posted earlier on the OCC thread you created regarding Striate+ being marketed on the BH main web page. I bought some shares at 40c after seeing this. Then someone else decided to take out the 2k shares at 41c and another 2k at 42c.I pushed my offer price up at the closing auction to 42.5c.Then someone else jumped in to offer to buy 8000 at 43c. Closed at 42.5c.So by buying a few OCC shares and posting an opinion on Hotcopper I may have moved the market for OCC by 6.125% (40c to 42.5c). So single-handedly I may have added $4.9m to OCC's market cap( 6.125% x about 80m market cap ).Jokes aside it may just drift back to 40c again Monday or thereafter. I'll be holding till it reaches a target closer to $$ in a few year. Just how I see this at the moment. Maybe OCC is one of the greatest opportunities around or a value trap I'll be stuck in for a few more years. I'll be buying more around 40c.
    Last edited by Pete2019: 04/11/22
 
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