OCL is a great business, but now looks extremely overvalued after this pullback. Looks like they want to do all they can to prop up the share price at these high levels, which may work since it is pretty illiquid and most of the shares are held by management. I just feel there are other businesses that have come off 20-50% for no fundamental reasons, where there is huge upside when corona virus cases start to reduce.
Ann: Daily share buy-back notice - Appendix 3E, page-2
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Last
$12.84 |
Change
-0.040(0.31%) |
Mkt cap ! $1.222B | |||
| Open | High | Low | Value | Volume |
| $13.00 | $13.06 | $12.68 | $229.9K | 17.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 98 | $12.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.85 | 98 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| OCL (ASX) Chart |