OCC 1.08% 46.0¢ orthocell limited

OCC Trading, page-1465

  1. 7,604 Posts.
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    I am overseas. Couple of times the last couple of weeks I had a little nose at OCC volumes pre-open at bed time and expected a bounce off these surprising low levels given their sales increases and clear pathway to positive cash flow. Looking at the trading, many days it just got slapped back down on any edged gains by a decent seller (30K of 32K daily volume yesterday slapped it back down to $0.37). If I didn't know any better I'd say behaviour of a shorter (shorts remain at practically zero - you'd be a moron investor to short OCC, and I am a very occasional shorter, APT, QAN, TSLA, ZIP etc in the past).

    Selling met with some decent volumes today (188K). Is this you getting out @Hotdog11? Perhaps I do you a disservice suspecting you have sold out of your final 600K - you did declare you had quickly sold out 600K before after building slowly for years.

    Anyway, closing volumes suggest someone has made a determined effort to close this at $0.37 again and may perhaps be out of stock:

    https://hotcopper.com.au/data/attachments/5566/5566440-12078dc749ee92e0df68192b385aaabe.jpg
 
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(20min delay)
Last
46.0¢
Change
-0.005(1.08%)
Mkt cap ! $96.40M
Open High Low Value Volume
46.8¢ 47.0¢ 46.0¢ $37.16K 79.64K

Buyers (Bids)

No. Vol. Price($)
1 500 45.0¢
 

Sellers (Offers)

Price($) Vol. No.
46.5¢ 4123 2
View Market Depth
Last trade - 15.28pm 17/09/2024 (20 minute delay) ?
OCC (ASX) Chart
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