Australia's largest stock trading and investment forum Australia's #1 stock forum

OMN onemarket limited

0.00%

97.0¢

I’m certainly not going to change my sentiment based on this...

First 4 Last

Share
Profile

Follow
Just_a_guy

5,426 Posts.

298

14/08/18

13:25

Post #: 34924524
Share

Originally posted by madamswer ↑

"Not that it means much, but a 9m$ investment (at cost, average price 1.41$) for a fund with a NAV of only 123m$ (of which 25% reportedly in cash) does denote a degree of conviction."

@Transversal,

I'm not too familiar with the folk at Samuel Terry AM, but you are right: to allocate 10% of one's invested capital to one stock does reflect a high degree of conviction.

Trouble is, I'm not sure how one can possibly have a high degree of conviction in a business which is not really a business yet, and about which some uncertainty exists as to whether it will one day become a business.

Expand

I’m certainly not going to change my sentiment based on this holder notice but I do read the Samuel terry reports, largely given their returns over the last 5 years are >30%pa and over ten years average 22% so was pleased to see the come onboard this ‘ride’.

OMN Price at posting: $1.15 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Most investors will get this earnings season wrong. Will you?

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

ASE

Astute delivers high-grade lithium hits at Red Mountain

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

I’m certainly not going to change my sentiment based on this...

Top Stories

Most investors will get this earnings season wrong. Will you?

St George banks $5M from placement to ramp up Araxá Rare Earths Project

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Astute delivers high-grade lithium hits at Red Mountain

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Featured News