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OVR 1.1¢

Don't know about your... 21/04/2017, 24205062

  1. Lucror

    578 posts.
    Don't know about your sense of humor asteroider, reckon I'd laugh a little harder if they suddenly pop back on the register after having to pay substantially higher prices :D

    In response to a previous post suggesting more of the same post raise, maybe there are some subtle differences this time round (compared to 12 months ago)? For starters underwriters have less in total, there is increased interest/volumes in the stock + favorable climate for commodities held (Zinc/Gold/Copper-Cobalt). The ingredients are certainly there for an OVR turnaround, will come down results and then managements ability to bring it all together. With any luck results (desktop study + awaited assays) will provide the spark, though with cash in bank, hopefully they will be accompanied with (near term) follow up works programs to assist in sustained interest/newsflow moving forward ........

    Some volume/broker data below illustrating increased interest/volumes. Looking at volumes post McCleery Ann, can't see shortfall shares being a problem should positive results be forthcoming (imo)

    Post McCleery Ann 12/04 - 18/04 (3 trading days)
    ovrdata1.png

    Year to date
    ovrdata2.png

    Calendar year 2016
    ovrdata3.png

    Four months in and already exceeding last years volume. Admittedly looks like retail currently doing a lot of the lifting (net buyers) though that can change pretty quick on conformation of positive results (should they be achieved)........We await!

    GLTAH

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