Clearly the company hasn't said much for over a month. Though I feel when the buy side starts to look as it does there is somebody who wants to accumulate. That may be in anticipation of the next ANN, or they may simply be cashed up and find value in ORS, or they may want to bring the price down to get in at lower levels.
Only last week we saw a bid at 0.001c. In my mind that person wants the market to believe that ORS is worth less than the current market price so that they can buy in.
In recent times the accumulators have achieved their goal at low prices. But today feels like it may have turned a little and we may have just seen the bottom. Maybe a little early to call...but the news flow post tax loss selling period is about to be unleashed. The quarterly is just around the corner.
ORS Price at posting:
8.9¢ Sentiment: Hold Disclosure: Held
