Ore in Frankfurt closed down 5.95% - that's unusual because normally the price simply reflects the closing price of the asxre with some minor fluctuations around volume spikes and the exchange rate.
Often prices mean-revert throughout the morning until the TSX trading opens that moves ORE's share price again.
With North American trading closed today, I'd expect lower volume and possibly price pressure (when European excess selling can't meet demand from North America), but it stuck out that this only affected Ore.
Gxy closed unchanged, AAL was even up 3.3%.
If we see normal trading in the ASX overnight, I ll blame it on NA having been closed today - but it could also indicate something shady is about to happen and people were in the know.
It's getting a little frustrating how ORE's share price seems to know only the way down this year.
ORE Price at posting:
$4.16 Sentiment: Hold Disclosure: Held
re with some minor fluctuations around volume spikes and the exchange rate.
