Hotcongo. Thanks for the underhand "crazy farm" snipe. At least have the proverbials to tag me if you are going to caste dispersions about my mental health.
My buy average in OCC well onside thanks, and tho
se who read my, mostly informative, posts on OCC would know how. I've never been "tortured by OCC" thank you and my sanity quite intact.
The only thing that "tortures me" is the ignorance and duplicity on here by some posters,
as most recently typified by your ridiculous suggestion of a share buy back. OCC was IPO'd in August 2014 for your information at $0.40, so more like 8 years of disappointment to long-term holders who have simply bought and held, even on today's nice rally. Personally, I have have traded the range a good bit in OCC (
until the BH deal), invariably to criticism, so OCC has made me some very nice pocket money whilst I patiently built a growing position in anticipation of this stage of commercialisation. For your information and to offset any more future incorrect presumptions on my OCC investment, it is very large and
I will be holding my position for many years now the BH deal signed and no longer trading the range.In your furthering, and evidently necessary, financial education, a 'pump and dump' that you suggest above actually requires some pump....oh and a dump.
As for "whoever did that 47.5c trade for 5000 shares, fighting off the 47c trade for 4999 shares!" You've got that both the wrong way round and obviously have no idea on the closing rotation.. The person selling the shares was selling the maximum amount available close to 5,000 (i.e. 4,999), whilst allowing the extra 1 of the 5,000 bid, to tip the balance in the closing rotation match out into a $0.475 price rather than $0.47. "wierd" they'd want to sell 4,999 at $0.475 rather than 5,000 at $0.47, also lowering the closing valuation of their equity held.
Perhaps read up on the closing rotation. Here you go:
https://rivkin.com.au/members/resources/all/understanding-the-asx-opening-and-closing-auctionsThe only interesting and not "weird" thing about it, was I tested the seller with 20,000 sell @ $0.47 which I then pulled, to see if they'd flinch. Interestingly, the bid immediately jumped so there was an matching 24,998 net bid at $0.47, suggesting a similarly technically compos mentis buyer at $0.47 in volume, which bodes well for holders in tomorrow's trading....
(20min delay)