After what was a good year in terms of productivity for Oncosil the stock price is lower now than it was this time last year. The large seller who placed there large sell order ( ask ) in the amount of 35 000 000 is the bulk of the sell order ( ask ) at 0.08 which was placed 27/11/24 same day the announcement of the proposed issue of securities. They place the order just for the day which is why you cannot see it now.
At the time the Bid ( buyers ) were over 50 million and the ask ( sellers ) were in between 2 and 8 million , seems odd for a seller to be so blatant especially in that amount , does not seem to be retail seller at that amount so why not drip feed them into the ask so the market could absorb them much better.
Since the Ask has dramatically increased the Bid has decreased. Definitely seems off like this could be orchestrated as to why I am not sure . I could be wrong and this is just an opinion but something does not seem right here. Lets all remember hot copper is about sharing opinions, I can sense the frustration in this forum but lets try and keep it more engaging for everyone to post. Since the large sell order the volume at least so far has been quite low which is pleasing.
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