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($) | Vol. | No. |
---|---|---|
34.5¢ | 109334 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25065 | 0.335 |
1 | 181818 | 0.330 |
1 | 30769 | 0.325 |
5 | 142500 | 0.310 |
3 | 63449 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.345 | 109334 | 6 |
0.350 | 248185 | 14 |
0.355 | 74573 | 3 |
0.360 | 774148 | 9 |
0.365 | 16349 | 2 |
Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
34.5¢ |
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Change
0.010 ( 4.64 %) |
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Open | High | Low | Volume | ||
33.0¢ | 34.5¢ | 33.0¢ | 303611 | ||
Last updated 15.59pm 07/06/2024 ? |
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OBM (ASX) Chart |