A cigar butt company is a company with no moat, no growth, and is valued low because it has no prospects. But it has a lot of legacy assets from the past.
omh is none of that. With the hydro electricity contract in place, they will be sputtering along for the next 15 years.
even post that, i dont think the hydropower plant will suddenly jack up electricity prices. The hydropower elkem uses is a classic example, the re-signing of the contract didnt see a spike in electricity costs.
Ann: Extension to Offer to Acquire 25% Interest in Malaysia, page-41
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Last
36.5¢ |
Change
-0.015(3.95%) |
Mkt cap ! $279.6M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 36.5¢ | $4.825K | 13.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18895 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 20000 | 1 |
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| Last trade - 14.23pm 13/09/2024 (20 minute delay) ? |
| OMH (ASX) Chart |