OEL 8.33% 1.3¢ otto energy limited

Doc - OEL is not a low liquidity stock. It will turnover 10 - 20...

  1. 3,092 Posts.
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    Doc - OEL is not a low liquidity stock. It will turnover 10 - 20 million a week no problem when its ready to move. In some quarters it is tightly held but with over 1 billion shares on issue, there is no need to worry about slippage. In regards to OEL , low volume trading days simply means lack of interest. Watch the market depth light up when interest returns. The technicals in OEL have drawn me to it recently and I don't trade low liquidity stocks. I still maintain 9c is a good buy in here technically, with the next line of resistance obviously stubbornly sitting at 9.5c . 10c is the next port of call after 9.5c is conquered. I thought we would be done with 9.5c by now but not to be. Can't be too far off though. E.
 
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Last
1.3¢
Change
0.001(8.33%)
Mkt cap ! $62.33M
Open High Low Value Volume
1.3¢ 1.3¢ 1.3¢ $1.537K 122.9K

Buyers (Bids)

No. Vol. Price($)
2 14801035 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 12630879 20
View Market Depth
Last trade - 16.10pm 14/08/2024 (20 minute delay) ?
OEL (ASX) Chart
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