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.
- Forums
- ASX - By Stock
- OBM
- Ann: Trading Halt
Ann: Trading Halt, page-66
Featured News
Add OBM (ASX) to my watchlist
(20min delay)
|
|||||
Last
39.0¢ |
Change
-0.030(7.14%) |
Mkt cap ! $725.1M |
Open | High | Low | Value | Volume |
41.5¢ | 41.5¢ | 39.0¢ | $681.3K | 1.709M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7700 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 70405 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7700 | 0.390 |
4 | 124564 | 0.385 |
2 | 100500 | 0.380 |
4 | 58900 | 0.375 |
1 | 50000 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 70405 | 2 |
0.415 | 31795 | 3 |
0.420 | 500 | 1 |
0.425 | 3711 | 1 |
0.430 | 10000 | 1 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
Featured News
DVP
Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
OBM (ASX) Chart |