Selling is getting a bit concerning. Is it someone who knows...

  1. 1,168 Posts.
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    Selling is getting a bit concerning. Is it someone who knows something or someone impatient waiting for a plan that was due in late Jan/ early Feb?

    The reason I ask is looking at the chart.

    We can see there was an uptick in buying between the 10/10/2024 to 15/10/2024 to the tune of 70,000,000 shares at an average price of .003 ( strange buying for a stock in a large downtrend and a share price below .005). Then on the 17/10/2024 we got this announcement "OVT Appoints Former ZIP (US) CFO as Chief Executive Officer"

    So this was clearly an insider buying or the luckiest person on earth. So I am a little concerned when we have 3 days of around 70,000,000 dumped across both exchanges.


    https://hotcopper.com.au/data/attachments/6808/6808402-13e31bf7ebaf206c8e403b748406c925.jpg


    Last edited by justinr: 13/02/25
 
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(20min delay)
Last
0.2¢
Change
-0.001(20.0%)
Mkt cap ! $6.011M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $12.38K 6.094M

Buyers (Bids)

No. Vol. Price($)
122 100248009 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 45713681 51
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
OVT (ASX) Chart
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