Nah, that's just classic panic/margin selling. The stock did nothing all morning, then someone crapped themselves when the market continued its sell off or got forced to sell. I've sold out of many of my longs in Oz and internationally and actually gone short a lot of the silly stuff in the market so I can afford to close out and buy more OCC on days like today. There is not much else I want to be in on the Australian mkt beyond some very promising bio-techs like OCC that could announce anytime soon and propel a lot of the Aussie bio-tech sector higher.
This stock's mkt cap is absurd. It wouldn't take much sudden Insto focus to triple it. Now I wonder what might do that....?
OCC Trading, page-732
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 (20min delay)
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Last
39.0¢ |
Change
0.010(2.63%) |
Mkt cap ! $81.63M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 39.0¢ | 37.5¢ | $64.05K | 168.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90080 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 47873 | 3 |
View Market Depth
| Last trade - 15.42pm 08/08/2024 (20 minute delay) ? |
| OCC (ASX) Chart |