I have said previously this current share price is completely detached to the actual asset value of the company. Why is this? Well I can put a few theories down, but I probably will just get a barrage of abuse back, but here you go.
1) Retail investors sold out putting downward pressure on the SP - and quite frankly after all the shit fight we had to get back listed and who could blame them.
2) This is for anyone to actually do some research for yourselves, but maybe look at T20 from 5 months ago and T20 now - perhaps you'll find some answers there as to who is actually buying and selling and who has really put the downward sell pressures.
3) Some larger holders buying and selling to themselves. Just look
4) Company can't show us a clear direction in regards to increasing profits and increasing business, so many have pulled away.
5) Zero broker interest due to above.
That's my theories.
In regards to positive spruiking, I believe all I have ever done is try to look at the glass half full when others look at the glass being completely empty and tried to provide information as I receive it. Does it always turn out 100% accurate - well no, it isn't always - but when I post it I believe it to be true.
- Forums
- ASX - By Stock
- Ann: ISENTRIC SIGNS TOP 3 MALAYSIAN BANK
I have said previously this current share price is completely...
Featured News
Add OVT (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.1¢ |
Change
-0.003(12.5%) |
Mkt cap ! $42.63M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.1¢ | $1.210M | 55.03M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2662266 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 1439380 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 2662266 | 0.021 |
27 | 8074537 | 0.020 |
16 | 2579767 | 0.019 |
13 | 1261140 | 0.018 |
7 | 5688234 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 1439380 | 4 |
0.023 | 2817059 | 8 |
0.024 | 2999243 | 8 |
0.025 | 2934305 | 9 |
0.026 | 2651013 | 7 |
Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
Featured News
OVT (ASX) Chart |