I would not be surprised to see an end to this current corrective phase sooner rather than later. The price decline is concurrent with lower volumes which suggests that those prepared to offload stock at these prices is also diminishing. Positive news, like the recent announcement, will awaken interest in the stock and there is plenty in the 2015 news pipeline for OCC. A move back up to around 40c would be the first sign of the recovery. Patience will be rewarded imo.
I would not be surprised to see an end to this current...
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Last
35.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $74.31M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.5¢ | 35.5¢ | $65.26K | 181.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 56760 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 5000 | 1 |
View Market Depth
| Last trade - 15.04pm 28/06/2024 (20 minute delay) ? |
| OCC (ASX) Chart |