I can feel and understand the frustration here. I had a similar experience years ago which ultimately ended in a loss of over 80% - but then in 2018 I took the losses and did something else - which was a good decision. Looking at OBM, I think a SP below 25 cents is a buying opportunity. The re-rating could then come in April or May, namely when the market definitely realises that OBM is back in the game and everything is working as it should.In my view, the surprise potential is more on the upside. I wouldn't be surprised if we were to see an SP of 35 to 45 cents in 2021 - which would be a nice increase compared to the current situation.
Selling side looks also rather thin - 1 or 2 good news and we are back at 30.
I can feel and understand the frustration here. I had a similar...
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $743.7M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 39.5¢ | $572.3K | 1.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 72533 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 30230 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| OBM (ASX) Chart |