Kingy
One of the advantages next year is that with full production they will have product to sell on the spot market and able to take advantage of any spikes in prices. The huge spike last year was of limited value to OMH as most of their product was on contract due to idle furnaces.
Also my understand (I could be wrong) is the 2 new furnaces will be powered at least in part by recycling the heat from the other furnaces which together with the sinter plant at full steam ahead should result in increased profit.
I am with you, the future looks good and not too fussed with short term falls in sp
KingyOne of the advantages next year is that with full...
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Last
45.0¢ |
Change
0.005(1.12%) |
Mkt cap ! $344.8M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 44.0¢ | $4.335K | 9.721K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 35628 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 1032 | 1 |
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| Last trade - 13.51pm 11/07/2024 (20 minute delay) ? |
| OMH (ASX) Chart |