OAK 3.33% 6.2¢ oakridge international limited

Ann: Response to ASX Price Query-XPE.AX, page-479

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  1. 1,315 Posts.
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    The sell and volume is more than someone bailing on insider knowledge of bad news. This seems to go far beyond all parameters of what normally occurs prior to bad news. This has been a concerted effort to push the price down in order to accumulate with the panic. I wouldn't be surprised if there is an announcement of a new substantial holder with a long term view. I don't think there will be a short term recovery or bounce of any significance after this play. As xpe has been destroyed in terms of reasonable stability of share price. The volume has been crazy, the props obvious and the game very destructive in the short term. Maybe what we have is so good that someone wants a controlling stake at any cost. I rang the company and got the impression from the representative that the directors, management etc are just as shocked and bewildered as what is going on at the moment. She said that directors haven't sold and no notice has been given by major holders as that would have been released to market. So the question still remains... WTF is going on. Who wants this so bad and has the capacity with deep pockets to create and maintain such panic selling. Big buying has also been going through and the props have seemed to support each drop. This has been absolutely smashed on so many levels and it's hard to see an end. Given that FA hasn't changed and we are not trying to flog off a flying 2lt coke bottle that will take a child's eyes out with open blades. I'm certainly bewildered at the massive decline and the crazy volume. No wonder tech stocks are considered crap although rap has an almighty market cap for a stock with no revenue and just potential of what may be. What a disaster over the past 2 days. Good luck all holders. Don't blame people for selling. But if it proves you were manipulated by a big playing securing a large stake and the share price does rise, then don't complain. Just the same as holders, like myself can't complain if we held while the writing was supposedly on the wall. And thank you to all the non-holders who turned up today as xpe experts to provide solid and sound advice/opinion on xpe. How lucky we are to hear their thoughts of value and uptake of xpe. I'm glad those shepards have arrived to guide us all on an unprecedented event of blatant manipulation. Their expertise is invaluable (they are probably working for the broking houses buying... Lol... Just kidding as that wouldn't happen).... It's hard to hold with the current pressure. But this seems to be a massive orchestrated event. What a quandary.... Never seen anything like this before....
 
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(20min delay)
Last
6.2¢
Change
0.002(3.33%)
Mkt cap ! $1.673M
Open High Low Value Volume
6.1¢ 6.2¢ 6.1¢ $651 10.50K

Buyers (Bids)

No. Vol. Price($)
1 14499 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 42973 1
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Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
OAK (ASX) Chart
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