OIP 0.00% 4.3¢ orion petroleum limited

ggx is mutton dressed as lamb

  1. 3,017 Posts.
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    GGX annual report has its Managing Director, Dennis Morton, holding 27M in shares and 17M in options for that company. As you are aware Dennis is also the new Chairman for Orion holding what seems to be a paltry 1.5M shares in Orion. You can summise that has the stronger financial interest in GGX. Should this person be oversighting a merger of the two companies.

    On a seperate issue, someone pointed out the mysterious spike in the price of GGX earlier this week. The price/vol history is below. You will note the volume on the 8th which was a yearly high on seeemingly no news. It seems GGX is priced around 5.5c-6c with a recent SPP at 3c.

    Gentlemen, Mutton dressed as Lamb and with the sell orders starting to roll in people are starting to realise it. Vote No to this travesty.

    Date.......Open...High...Low....Close..Volume
    15-10-2009 $0.080 $0.080 $0.075 $0.075 91,517
    14-10-2009 $0.077 $0.077 $0.077 $0.077 251,300
    13-10-2009 $0.080 $0.081 $0.077 $0.077 367,100
    12-10-2009 $0.071 $0.085 $0.071 $0.081 627,583
    09-10-2009 $0.063 $0.064 $0.063 $0.064 520,500
    08-10-2009 $0.060 $0.064 $0.060 $0.063 1,352,210
    07-10-2009 $0.060 $0.060 $0.060 $0.060 216,000
    06-10-2009 $0.059 $0.060 $0.059 $0.059 347,000
    05-10-2009 $0.057 $0.059 $0.057 $0.059 617,000
    02-10-2009 $0.055 $0.058 $0.055 $0.058 147,167
    01-10-2009 $0.060 0
    30-09-2009 $0.059 $0.060 $0.059 $0.060 150,000
    29-09-2009 $0.058 $0.058 $0.055 $0.055 350,000
    28-09-2009 $0.058 $0.058 $0.058 $0.058 10,875
    25-09-2009 $0.061 0
    24-09-2009 $0.061 0
    23-09-2009 $0.061 $0.061 $0.061 $0.061 30,000
    22-09-2009 $0.058 $0.058 $0.058 $0.058 64,933
    21-09-2009 $0.059 $0.059 $0.059 $0.059 370,000
    18-09-2009 $0.060 $0.060 $0.060 $0.060 100,000
    17-09-2009 $0.058 $0.059 $0.055 $0.059 255,000
    16-09-2009 $0.055 0
    15-09-2009 $0.055 $0.055 $0.055 $0.055 165,000
    14-09-2009 $0.054 $0.059 $0.054 $0.059 89,283
    11-09-2009 $0.054 $0.059 $0.053 $0.059 118,800
    10-09-2009 $0.059 $0.060 $0.059 $0.060 150,000
    09-09-2009 $0.058 $0.059 $0.058 $0.059 170,000
    08-09-2009 $0.058 0
    07-09-2009 $0.058 $0.058 $0.055 $0.058 99,464
    04-09-2009 $0.060 0
    03-09-2009 $0.060 $0.060 $0.060 $0.060 8,500
    02-09-2009 $0.055 0
    01-09-2009 $0.059 $0.059 $0.055 $0.055 229,563
 
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