Decisions on some material cases have delayed solid earnings. OBL has also sacrificed short term earnings for long term results:
- Investing to be a global businesses, rather than concentrated with Aussie cases only.
- Expanding areas of coverage and capability (including by merger)
- Changing funding model from high risk shareholder funding of cases to becoming a specialist fund manager of cases with more predicable earnings.
OBL is a transformational growth company that despite setbacks in recent years is very well positioned for future outperformance.
OBL inconsistent profits, page-2
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Last
84.0¢ |
Change
-0.015(1.75%) |
Mkt cap ! $237.3M | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 86.0¢ | 83.5¢ | $500.2K | 594.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8168 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 5800 | 1 |
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| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| OBL (ASX) Chart |