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2.70%

38.0¢ orthocell limited

edit: I misread your previous post. J&J didn't announce...

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iaininator

21 Posts.

2

16/06/20

11:09

Post #: 45245805
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Originally posted by bedger: ↑

The Fed has just yet another backstop under the markets by its individual corporate bonds, rewarding past poor economic management and cementing the divide between main street and Wall street. Moral complications aside, OCC and all small cap companies will be buoyed by rising risk sentiment. Basically capital markets are flooded with cash and positive sentiment as the Fed is basically saying we will always bail you out.

You have an excess of cash seeking return. Once OCC starts making announcements again, watch it flood back into OCC shares, just as it ran out with risk off sentiment and COVID-19. The share market is now more of a QE based bubble than pre-COVID-19 and that suits us with cash looking for extra-ordinary returns with little thought of risk.

I picked stock up at $0.335 and $0.345 recently in anticipation of announcements coming. It is sheer luck the Fed announced, but it only improves OCC's share price prospects.

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edit: I misread your previous post. J&J didn't announce anythjnf, you were saying when they announce full recruitment this month?

"With J&J announcing full recruitment yesterday do you anticipate an announcement shortly from OCC?"

Last edited by iaininator: 16/06/20

OCC Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 38.0¢		Change 0.010(2.70%)		Mkt cap ! $79.63M

Open	High	Low	Value	Volume
37.5¢	38.0¢	37.0¢	$18.95K	50.52K

Buyers (Bids)

No.	Vol.	Price($)
2	60031	37.5¢

Sellers (Offers)

Price($)	Vol.	No.
38.0¢	11292	2

View Market Depth

No.	Vol.	Price($)
2	60031	0.375
3	118498	0.370
5	42071	0.365
9	113843	0.360
3	40002	0.355

Price($)	Vol.	No.
0.380	11292	2
0.390	68861	5
0.395	30226	2
0.400	194313	7
0.405	122039	2

Last trade - 15.57pm 04/09/2024 (20 minute delay)

OCC (ASX) Chart