I've got about enough OMH now, although I still have a silly low buy in.
I'm sure the market doesn't realise that the 100% ownership will increase earnings and profit by 33% for OM Sarawak.
I think it would be difficult accumulating over 5 million shares now without sending the share price to the moon.
You've done well to accumulate 360,000 at 68c, a year or two from now you'll be a happy OMH investor, I feel sure of that.
The current price for FeSi on the ZCE is about 8,000RMB ( US$1,161/tonne ) FOB $1,161 x 25% tax = US$1,451/tonne, OMH shows
SiMn on the ZCE shows 7370 RMB or US$1,070 . China cannot compete on the export market with its 20% export tax.
Ann: Dividend Policy, page-46
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Last
37.0¢ |
Change
-0.005(1.33%) |
Mkt cap ! $283.5M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 37.5¢ | 37.0¢ | $7.047K | 19.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 958 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| OMH (ASX) Chart |