Any accumulators would have easily been accommodated by the huge volume of shares that have traded in the past week.
Traders have picked up on the fact that ORD was perceived as undervalued and this, coupled with the fact that it has a number of announcements regarding several of its projects that are due shortly, has made ORD an excellent trading oportunity.
This is not a bad thing as ORD is now on in the spotlight and their projects, in my opinion, will stack up well and drive the SP up in the not too distant future.
VAN Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held