Why no movement with Orbis Gold since yesterday?

Discussion in 'Stocks & Derivatives' started by GOLDPIRATE, May 28, 2014.

  1. GOLDPIRATE

    GOLDPIRATE New Member

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    Just wondering why the halt of trade for Orbis Gold (OBS) since yesterday arvo as no report posted about it?
     
    GOLDPIRATE, May 28, 2014
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  2. finicky

    finicky Well-Known Member Silver Stacker

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    It's just an illiquid stock. It doesn't trade much. There are 10 trading days in the last month where it made no trade at all.
    If there is no announcement to the effect made to the ASX you are guaranteed that a stock is not in a trading halt.
     
    finicky, May 28, 2014
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  3. GOLDPIRATE

    GOLDPIRATE New Member

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    Appreciate the explanation. Thanks. I since found it apparently traded only a couple a thousand shares today. Maybe too little to show volume?
     
    GOLDPIRATE, May 28, 2014
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