matt, this was released last week https://www.resourcesrisingstars.co...tal-sets-12c-price-target-busy-orion-minerals
Petra Capital have a price target of 12cps, which includes approximately 15% for ongoing exploration but the majority of it is based on Prieska.
somehow we are meant to believe there are multiple sellers below 3c, this imho is purely washing of shares to create some volume otherwise at this level there are very few legitimate sellers.
issue here is SP being suppressed which has taken any interest in this stock to new low levels. without management going out and selling ORN, nothing happening in near future.
IGO, Dennis Waddell, Tembo and Wyllie Group all purchased vast amounts of shares at 3.7c, makes 2.9c look like an out and out steal.
ORN Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
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