Hello See weed. Really interesting to me (I try to be logical with a $) as to WHO is selling these huge numbers of OCA shares? At present the 2nd most traded share today on the NZ market at well over 650 000. This is following yesterdays huge tally of over 1.5 million. Why sell on the 10--11 Jan when, say 4.5%, is 1 month away? I suggest many or most of these sellers will have paid $1.10 plus brokerage? Scared Aussies would at least be logical but they must have little fortitude nor common sense. .
The volume is within the norms of the last years trading for OCA. January volumes for NZX are always low. Even as a percentage of their free float, 2m is irrelevant. Odds are there's nothing to see here.
These so-n-so bots should be called manipulators. This is such a popular pick for this year, we should all meet at a poncy bar somewhere with a big screen on the 25/1/19 to watch the results, chew the fat and drink beer. Mav and Beags might be starters. .
Hi Seaweed, nice to hear from you again. Not too sure about the beer thing at 10.30 am and Auckland being 6 hrs away I'll have to take a rain check. How about the agm 3 years from now or when the price makes $2 ...which ever one gets there quicker...now that IS ramping
Must admit last year's financials with all their references to IPO projections and pro forma notations were far from an easy read.
It should be far easier and clearer this year.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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