How many other investors tuned into the Investor update? OMH management are well aware of investor concerns about a capital raise for the CMSB 25% stake purchase and have now indicated that the US$120 million will be funded by cash in the bank and some bank finance.
Might explain why so many buyers today are taking out the 63c seller. Picked up a few myself too.
Adrian was very upbeat on 2022H1 results and the new floor for alloy prices due to higher power costs for other producers.
Ann: Investor Presentation - 10 August 2022 9.30am WST, page-2
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Last
38.5¢ |
Change
-0.010(2.53%) |
Mkt cap ! $295.0M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 38.5¢ | 38.5¢ | $5.128K | 13.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5005 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 8163 | 1 |
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| Last trade - 13.22pm 23/08/2024 (20 minute delay) ? |
| OMH (ASX) Chart |