OEL 0.00% 1.3¢ otto energy limited

Dump at $0.016 left 20-odd M offer at $0.016 after taking out...

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  1. 1,456 Posts.
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    Dump at $0.016 left 20-odd M offer at $0.016 after taking out bid of 24M-odd.
    Probably triggered a sale at $0.015 which most likely triggered at least one No-Limit Stop-Loss Order(s).
    Clearly the seller is from Top 20.
    Buyers that took out the $0.016 were smallish quantities, so likely not Top 20`.
    Encouraging that many bargain hunters (scalper?) appeared.
    If the dump was news based, it would most likely be bad news.
    I am confident that the dump wasn't based on anticipation of news: perhaps lack of information played a role
 
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