OMN 0.00% 97.0¢ onemarket limited

Between the lack of announcements regarding new sales, and the...

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  1. 989 Posts.
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    Between the lack of announcements regarding new sales, and the poor reviews on glassdoor of the company culture and management, I think investors are beginning to lose faith that the company can deliver. Probably explains the sagging share price.


    However, I think the shares are  cheap even if you discount the ability of current management to deliver on the retail data sharing network. There's just so much cash on their balance sheet relative to the current market cap, that it's hard to see much downside from here.


    Also it's a great defensive stock, imo. If there's a big market crash, OMN shouldn't in theory be affected as much as the value of their cash pile won't change and should provide a floor under the share price. 


    Had an order for more in at 79, just raised to 79.5. Too hard to resist that NTA to share price gap.  

 
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Currently unlisted public company.

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