So, the share price rockets up more than 50% in the day prior and day-post the recent announcement. A whole load of buyers (including me) bounce in and buy shares then, for absolutely no reason with any logical data or update to suggest the data is sound, they plummet. I really do hope the shorters will cough up their biscuits if and when ORN finally get those minerals, I'm a bit perplexed by the whole saga. My personal worry is that they seem to be looking for a needle in a haystack with the amount of land they are covering, they will more likely run out of money before they find anything. Perhaps the only valuable metal on the site is the drill tips themselves?!
Anyone have any guess at the likelihood of them finding anything, 5%? 10%, 50%?!
Well this is all a bit repetative
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Last
1.7¢ |
Change
0.001(6.25%) |
Mkt cap ! $109.3M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $4.775K | 297.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 311565 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1701787 | 6 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| ORN (ASX) Chart |