I am overseas. Couple of times the last couple of weeks I had a little nose at OCC volumes pre-open at bed time and expected a bounce off these surprising low levels given their sales increases and clear pathway to positive cash flow. Looking at the trading, many days it just got slapped back down on any edged gains by a decent seller (30K of 32K daily volume yesterday slapped it back down to $0.37). If I didn't know any better I'd say behaviour of a shorter (shorts remain at practically zero - you'd be a moron investor to short OCC, and I am a very occasional shorter, APT, QAN, TSLA, ZIP etc in the past).
Selling met with some decent volumes today (188K). Is this you getting out @Hotdog11? Perhaps I do you a disservice suspecting you have sold out of your final 600K - you did declare you had quickly sold out 600K before after building slowly for years.
Anyway, closing volumes suggest someone has made a determined effort to close this at $0.37 again and may perhaps be out of stock:
OCC Trading, page-1465
-
- There are more pages in this discussion • 271 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OCC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
36.5¢ |
Change
-0.005(1.35%) |
Mkt cap ! $76.49M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 36.5¢ | $33.04K | 89.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 54459 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 14827 | 1 |
View Market Depth
| Last trade - 15.46pm 14/08/2024 (20 minute delay) ? |
| OCC (ASX) Chart |