OBL 1.00% $1.01 omni bridgeway limited

Ann: Investment Portfolio Report at 30 September 2023, page-2

  1. 6,445 Posts.
    lightbulb Created with Sketch. 2625
    Looks like they are able to generate cash through partial sales of the portfolio. That takes out any CRs anytime soon, imo.

    https://hotcopper.com.au/data/attachments/5694/5694796-e106787af49186880485e29168f059bd.jpg
    I sense that was the reason for the high shorts. Not sure how low they think they can take this but that was the last opportunity for a final shake down which they managed to do but didn't have too many coins drop out of pockets. Tells me there are no more stop losses left down to $1.33. Generated very little volume. For me, that's confirmed it's a trading BUY.

    https://hotcopper.com.au/data/attachments/5694/5694799-1c6b0a46e33827afa9c2fe3d42b1616b.jpg

    Insto buying well above these levels recently.

    https://hotcopper.com.au/data/attachments/5694/5694813-fd38a75b934673f9cd4183eee38284f6.jpg

    Lastly, a bullish hammer candlestick should be generated on the daily chart today, That's enough for me on a reasonable match across fundamentals, technicals and sentiment. Still a fair bit of work to do break out through resistance levels but a good risk/reward pay off here.

    https://hotcopper.com.au/data/attachments/5694/5694901-8306a5a9e58ab0d31cce52d21cb16461.jpg


 
watchlist Created with Sketch. Add OBL (ASX) to my watchlist
(20min delay)
Last
$1.01
Change
0.010(1.00%)
Mkt cap ! $285.4M
Open High Low Value Volume
97.5¢ $1.02 97.5¢ $247.4K 246.0K

Buyers (Bids)

No. Vol. Price($)
1 541 $1.00
 

Sellers (Offers)

Price($) Vol. No.
$1.02 541 1
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
OBL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.