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Maybe scepticism around acquisition of Paragon Union. Oceancash itself bleeding money and they acquire another loss making company. Investors are not confident with the steps taken by Oceancash. only time will tell...
This yoyo pattern of share price is quite common. It's caused by operators who push up the price and sell at bulk to create panic because it works. After some time they will pump up the price again. Similar pattern as NexG .