OCC 1.35% 36.5¢ orthocell limited

Movement at the Station, page-58

  1. 7,587 Posts.
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    Its just seems so often to get sold down to its daily range low on close, irrespective of volume (160K+ volume today is decent). In fact bar Tuesday it got sold down on close to the low of its daily range every day this week.

    I don't normally put too much belief in some of the far fetched discussions on HC of share price manipulation talk, but this normally the antics of a broker (so they can point their client to an average $0.465/47 sell price on order vs $0.46 close) or other party interested in a lower close - if you are a seller, unless you are a shorter you'd still want a higher close on the unsold portion of your shareholdings?

    Perhaps there has been a broker offloading a larger holding this week? Good riddance.

    Have a good weekend all.
 
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