OAK 0.00% 6.8¢ oakridge international limited

XPE Charts, page-7800

  1. 7,054 Posts.
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    From a long term perspective, I'd still like to see the gap filled at 3.5c before any meaningful move upwards as gaps have a habit of filling sooner or later. Rather it be now than 6 months down the track.

    The Bollinger Bands show volatility on the increase after the recent selling. Average daily volume over the past 20 sessions is approx 51M. Unfortunately the highest volume days have been red.

    I've noted that XPE has 1.2Bn shares outside T-20. In fact, excluding Schultz, Wood, Lekkas & Clarke, the remaining T-20 only hold a dismal 14.51%. They desperately need to strengthen the registry, otherwise the SP will remain at the mercy of traders.

    Monday morning might be get a little ugly for the ASX. I think I might sleep in!!!
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No. Vol. Price($)
2 55 6.8¢
 

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Price($) Vol. No.
9.5¢ 1524 1
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