ORN 0.00% 1.6¢ orion minerals ltd

Ann: Independent Investment Research Issue Research Report, page-2

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  1. 5,569 Posts.
    lightbulb Created with Sketch. 23
    gone very quiet here holders?
    did anyone read the investment research? mid value of 6c at this point and high valuation of 9.8c, a long way off current SP.
    with how many shares and convertible notes issued at this current price, no doubt we are currently building a very strong resistance point for the future. volume very low, bollinger bands tight, need something to kick this up over 3c. personally think that SP is being kept at this point till at least end of financial year, mopping up tax loss selling. if there is good news in the near future, best to leave it till 1/7 onwards.
    IMHO a great time to be buying at 2.4c or less.
 
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