OBM 2.99% 34.5¢ ora banda mining ltd

You would be in your element over at that company rocket.....El...

  1. 2,082 Posts.
    lightbulb Created with Sketch. 1651
    You would be in your element over at that company rocket.....El Dorado - Xmas every day with hard core real mgment issues for you.

    No comparison here, even with the raise. I still own a few shares .....its a fairly typical call by a new CEO to clean slate, even the remotest possibility of liquidity issues. This can be done - is done, without recourse to the incoming CEO, who commenced in the case of OBM, in Feb. "Not my fault" - but safety first, without any blame to him.

    I think the price of gold makes any little company like this - like putting lipstick on a pig.

    The market cap is far, far too low and POG / new CEO conservative call verse the risk to success - means I will be at the bid at say 18 cents tomorrow. A bit of a risk, but at that cap of $170m and probably now $35m cash....just weighing up and understanding risk to reward, am happy enough.

    I remember SBM at 11 cents and did nothing.....I think they will be fine here.
 
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Last
34.5¢
Change
0.010(2.99%)
Mkt cap ! $640.5M
Open High Low Value Volume
33.0¢ 34.5¢ 33.0¢ $320.0K 951.8K

Buyers (Bids)

No. Vol. Price($)
1 25065 33.5¢
 

Sellers (Offers)

Price($) Vol. No.
34.5¢ 109334 6
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Last trade - 16.10pm 07/06/2024 (20 minute delay) ?
Last
34.5¢
  Change
0.010 ( 4.64 %)
Open High Low Volume
33.0¢ 34.5¢ 33.0¢ 303611
Last updated 15.59pm 07/06/2024 ?
OBM (ASX) Chart
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