ORN 11.8% 1.5¢ orion minerals ltd

Bad news on the way, page-19

  1. 5,569 Posts.
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    good evening folks

    lots to ponder purely on todays trading and yesterdays early quarterly.

    basically it comes down to do you think some one is selling because they have inside info or do you think this is an attempt to suck out some weak hands before announcement.
    not sure what other holders think but it does seem odd that a 1 million share buy parcel bobs up, and is almost immediately hit. i would LOVE to know if those shares really changed hands.

    had another careful read of the quarterly and i just cant see how this round of drilling will return "duster" results as cheapprice refers to, even though that is an oil drilling terminology.

    imho only, they will more than likely produce similar results, considering their proximity to past drill holes.
    so on this, i will take a stab in the dark and suggest that this is tactics on a fairly illiquid stock to draw out gittery holders.
    this is just my opinion and certainly not investment advice!!
 
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Last
1.5¢
Change
-0.002(11.8%)
Mkt cap ! $109.3M
Open High Low Value Volume
1.6¢ 1.6¢ 1.5¢ $16 1.002K

Buyers (Bids)

No. Vol. Price($)
3 372501 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 501945 2
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Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
ORN (ASX) Chart
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