I personally think that OEL are just sitting back until Acorn are gone.
Why waste good presentations to build up the share price when a disgruntled shareholder will just bring the good work undone.
Once they are gone I expect a decent promotion to restore the share price damage.
In the mean time I agree that buyers will not step up whilst they know that with patience they can just sit there and Acorn will sell to them. 2.5c looks very possible as my guess is that Acorn still have at least 20m shares to dump. It will take another month and this will all be over.
Cheers all
I personally think that OEL are just sitting back until Acorn...
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $12.34K | 1.028M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 17892904 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 12332282 | 21 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| OEL (ASX) Chart |