OBM 8.97% 42.5¢ ora banda mining ltd

@littlecorn bit harsh calling people who have chosen to sell out...

  1. 89 Posts.
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    @littlecorn bit harsh calling people who have chosen to sell out as losers?

    I'm thankful I haven't bought in yet, my mate was telling me this was cheap and a good buy. Since then all I've witnessed is a share price that shows no sign of settling on a floor so based on past recent sell off's the dip down to 6.8 cents may be a sign or further SP weakness or is it a new low?

    I'm cautious of entering this stock with rose colored glasses, more so after reviewing the AGM presentation. It seems strange that they have cherry picked what they want to report and over what duration without giving any clear predictions or guidance on the future targets...

    Of significant concern is the cash balance reported is two month old, if the cash burn is still occurring like that reported in prior months there will be major ongoing capital consumed in the BOD attempt to sustain the loss making operations?




 
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Last
42.5¢
Change
0.035(8.97%)
Mkt cap ! $789.4M
Open High Low Value Volume
40.5¢ 43.8¢ 40.5¢ $4.676M 11.16M

Buyers (Bids)

No. Vol. Price($)
1 25555 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 109998 2
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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