Wednesday, June 21, 2023

Great Eastern - 21 Jun 2023

What does this stock chart says?

Oversea-Chinese Banking Corporation (OCBC) has purchased an additional 2,345,800 shares at Great Eastern Holdings, at a total cash consideration of S$39.9m.

In an SGX filing, OCBC said that the shares were priced at S$16.99 each.

OCBC now owns 88.4% of Great Eastern’s total shares, from 87.9% previously.

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2nd day after OCBC buys, long-term price still in down channel.  



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