ORN 6.25% 1.7¢ orion minerals ltd

well folks, not sure if today is a reflection on the ASX or ORN....

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  1. 5,569 Posts.
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    well folks, not sure if today is a reflection on the ASX or ORN. company releases news of extension to Aurora Flats Prospect, sounds good but for the whole day we manage 1 trade to drop the SP by 33% or the mar cap by over $3 million. this 1 $550 order has caused chaos to SP, you could see the order all day dropping by .2c till it finally got hit late in the day so looked like a desperate order but still, how can an order like this be allowed to occur?
    great for buyer but for the other owners of over 240 million shares, not so good!
 
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