OMH D/E will soon be zero, net cash with 100% ownership.
OMH are making Money among PEER despite ASP is not that high.
if CHINA/Asian continue to rise (steel n construction) during USA and EURO recession (2H2023 or Q12024), OMH will be taking the ride up.
but all this had nothing to do with sp, until we start to see instituitions and retails start to buy in due to lucrative dividend, follow by stock split and bonus issue (if sp triple or 4x)
currently, macro economy environment are just not there yet.
Ann: Dividend Policy, page-42
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