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ORION MINERALS LTD (ASX:ORN) - Ann: Cleansing Statement, page-2 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
ORN
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  1. wobblyboots
    5,569 Posts.
    lightbulb Created with Sketch. 23
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    21/08/18
    13:00
    Post #: 35062751
    what a shame, only a choice of 3 things happening here.
    1. really desperate peanut of a seller
    2. manipulation to get cheap shares
    3. first drill hole is a dud and this is known out of market, which shouldn't really have a great effect on SP as we already have a large resource.

    positive management would know whats going on, they can easily track share movements and they more than likely are, especially considering they just issued hundreds of millions of shares at a far higher price.
    some of those recent investors would definitely have the ear of management and have asked the question.

    my money would be on 1 or 2.

    per proactive investors report on 8/8, 13 days ago, results from initial drill hole at Jacomynspan due from ALS lab in Johannesburg in 1-2 weeks, this would suggest results due know??
    http://www.*.com.au/companies/news/...ssets-with-19-million-in-the-bank-202425.html
    odd time for this manipulation/ desperate selling just before possible SP changing results released?
    Last edited by wobblyboots: 21/08/18
    ORN Price at posting: 3.2¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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