I totally agree, there is more and more interest in occ, if the sellers tested out the buyers to see what price they're prepared to pay they could do well but they fall over themselves trying to sell.
The good news however is that if, as has been suggested, institutional buyers are targeting 30 million share buy in, it will mop up a good percentage of these small day traders and slowly bit by bit tighten the register. Im hoping management would hold 20 million, us long term retail holders combined accumulate 30 million and institutional holding tally 100 million within a couple of years. That would leave open about 50 million for traders who would have to start paying more and more for them. But of course we need some catalysts for this to happen.
I totally agree, there is more and more interest in occ, if the...
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Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.45M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 36.5¢ | $186.3K | 503.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13513 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 30553 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| OCC (ASX) Chart |