Can't believe OEL is down 0.003 today given the great news re oil reserves yesterday, exciting upcoming exploration and strong POO.
Only rational explanation I can come up with is that some holders, having seen the entitlement doc today, selling the equivalent qty of their entitlement for the arbitrage. Still, I would have thought new buyers would outnumber the arbitrageurs and push the price higher ...
Ann: Retail Entitlement Offer Booklet Despatched & Offer Open, page-10
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.74M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $19.49K | 1.708M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 12087762 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1134045 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| OEL (ASX) Chart |