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
38.0¢ |
Change
0.020(5.56%) |
Mkt cap ! $705.5M |
Open | High | Low | Value | Volume |
36.5¢ | 38.5¢ | 36.5¢ | $1.257M | 3.331M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 48200 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 560208 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 48200 | 0.370 |
1 | 13100 | 0.365 |
5 | 49330 | 0.360 |
2 | 21699 | 0.355 |
2 | 10142 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 77324 | 5 |
0.385 | 268527 | 2 |
0.390 | 86500 | 3 |
0.395 | 117202 | 10 |
0.400 | 430262 | 8 |
Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
Featured News
OBM (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online