ORN 11.8% 1.5¢ orion minerals ltd

what a shame, only a choice of 3 things happening here. 1....

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  1. 5,569 Posts.
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    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
 
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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) ?
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