In an effort to keep the airways clean, thought I'd start a dedicated thread to OCC trading, so people can go to the announcements thread for stuff pertinent to that for example.
OCC and other small bio-techs taking disproportionately larger hits today than the general market, as to be expected in smaller caps with a large overnight US fall. Held up well early -2.8% when ASX200 was -2%. Some selling at $0.34 took it down a little and then boom. Near 1 million shares sold down from $0.34-32 at 14:50.
Picked some up personally and now hope to hell management comes through on ATI/CelGro announcements due...
If you were wondering why OCC is down tonight so much, it does seem a big risk off day for small cap bio-techs, but OCC hit hard by the one large sell clip.
OCC Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
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